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On December 31, Siegel.Co sold a delivery truck that it had purchased a few years earlier. The truck had originally cost Siegel 60.000. At the

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On December 31, Siegel.Co sold a delivery truck that it had purchased a few years earlier. The truck had originally cost Siegel 60.000. At the time of the sa indicates the effects of the December 31, sale had on the company's financial statements? Cash 33.000 Gain 8,000 Equipment 25,000 Cash 33,000 Accumulated Depreciation 35,000 Equipment 60.000 Gain 8.000 LOSS 27,000 Cash 33.000 Equipment 60.000 Cash 33,000 Equipment 60.000 Accumulated Depreciation 55.000 Gain 38.000 inally cast Siegel 60,000. At the time of the sale the accumulated depreciation of the delivery truck was $35.000. The truck was sold for 533,000. Which of the following correctly

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