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Exercise 9.20 Disposal of PPE LO6 CHECK FIGURES: b. Gain $1,450; c. Loss $50 sold a food truck on March 1,2017. The accounts showed adjusted balances on February 28, 2017, as follows: Food Truck Accumulated Depreciation, Food Truck $42,000 21,850 Required Record the sale of the food truck assuming the cash proceeds were: a, $20.150 b. $21,600 $19,200 d, $0 (the food truck was scrapped). c