On January 1st, 2019 a company purchased a custom vehicle for $55,000. The company estimated the vehicle useful life was 100,000 miles with a residual (salvage) value of $5,000. The company determined they no long needed the vehicle and sold it for $28,000 after being driven 60,000 miles. As a result of the sale the company would record again or (Loss) of: Numeric Response If the net accounts receivable balance was $100,000 on the balance sheet and an uncollectible account of $2,000 was written off under the allowance method the net accounts receivable balance would decrease by: Numeric Response