Oriole Corporation would like to purchase a new truck, but the dealer will not accept Oriole's old truck as a trade-in on purchase. Oriole looked up the value of its old truck on Auto Trader and found that it had a fair value of $15,000. After recording depreciation on the old truck to the date of sale, Oriole sold its used truck for $13,120 cash. The carrying amount of the old truck is $16,280 and it was originally purchased for $35,200. Prepare the appropriate journal entry for the disposal of the truck. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit