Juan's Business Delivery Truck Is Destroyed in an Accident

Juan's business delivery truck is destroyed in an accident. He paid $40,000 for the truck, and $30,000 of depreciation has been deducted during its period of use. The insurance company pays Juan $32,000 due to the accident. What is the minimum amount that Juan must spend on a new truck to avoid any gain recognition?

A) $40,000
B) $10,000
C) $32,000
D) $22,000