Travel Truck Compary is a large trucking company. The company uses the units-of-production (UoP) methed to depreciate its trucks. To follow are facts about one Mack iruck in the company's feet. (3) (Click ine icon to viow the facts ) Fead the recurements. Requirement 1. Determine Travels gain or loss on the transaction. Begin by determining the formia needed to calculate the gain or loss and then complete the calculation to detemine the amount (Uis a minus sign or paruntheses for a loss. Round degreouban per unit to the nearest cent) More info When this truck was acquired in 2021 , the tractor-traier ng had cost $460,000 and was expected to remain in service for 10 years of 1,000,000 mlos. Its estimated residual velue was $60,000. During 2021, the truck was driven 84,000 miles; during 2022, 100,000 miles: and during 2023, 105,000 milos. Aftor the truek was deiven 37,000 miles in 2024, the compary traded in the Mack truck for a Freightiner truck with far maket value of $250,000. In adstion to the trade-in of The Mack truck, Travel Truck Company pald cash of $25,000 for the Freghtiner truck