Waturbury Company acquired a dump truck that cost $68,000. The company estimated it could sell the truck for $12,000 at the end of its estimated life of 5 years. How much is the gain or loss on the sale if double-declining-balance is used and the asset is sold for $12,000 on December 31, Year 5? $-0- $12,000 loss $12,000 gain $56,000 loss