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-/10 View Policies Current Attempt in Progress On July 1.2020, Molly's Greenhouse purchased a new delivery truck for $85,000. She paid a $20,000 cash and

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-/10 View Policies Current Attempt in Progress On July 1.2020, Molly's Greenhouse purchased a new delivery truck for $85,000. She paid a $20,000 cash and signed a promissory note for the remainder. Molly estimates that the delivery truck will have a five-year useful life, or 160.000 kilometres and a residual value of $5,000. Molly's Greenhouse has a December 31 year end. Calculate the gain or loss on disposal for the following three independent situations: Molly sold the truck for $31.900 on January 1, 2024. By using straight line method the carrying amount is $29.000 on disposal $ Qu List of Accounts View 1 Quest Molly sold the truck for $24,000 on January 1, 2024. By using straight-line method the carrying amount in 529.000 Type here to search 13

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