2 E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices LO8-5 nts Delta Air Lines owns hundreds of aircraft, with about 60 percent of its fleet consisting of Boeing aircraft, while Airbus aircraft make up about 40 percent. It sold seven used Boeing 767-300 jets to Amazon.com as Amazon plans to expand its growing Amazon Air cargo service. The average age of the jets is about 20 years old. Assume the records of the company reflected the following for the jets that were sold: Aircraft cost eBook Accumulated depreciation Hint Print $ 62,200,000 46,400,000 Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,800,000 cash b. $17,300,000 cash c. $14,800,000 cash References View transaction list Journal entry worksheet 1 2 3 Record the disposal of the aircraft, assuming the aircraft were sold for $15,800,000 cash. Book Hint Print eferences a. $15,800,000 cash b. $17,300,000 cash c. $14,800,000 cash View transaction list Journal entry worksheet 1 2 3 Record the disposal of the aircraft, assuming the aircraft were sold for $15,800,000 cash. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry Clear entry View general journal $15,800,000 cash . $17,300,000 cash c. $14,800,000 cash View transaction list Journal entry worksheet 1 2 3 Record the disposal of the aircraft, assuming that the aircraft were sold for $17,300,000 cash. Note: Enter debits before credits. Transaction www.b. General Journal Debit Credit Record entry Clear entry View general journal < Prev 2 of 5 Next a. $15,800,000 cash b. $17,300,000 cash c. $14,800,000 cash View transaction list Journal entry worksheet b Record the disposal of the aircraft, assuming the aircraft was sold for $14,800,000 cash. Note: Enter debts betare credits Transaction F " 92 @ 2 General Joumal Deb Credit Clear entry View general journal 80 23. # 93 W E N S x $ 94 a dt < Prev 25 Next > 55 66 " &7 00 Dill 8: 8 R T Y U D F G H J C > B N