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27 Requlrea [The following information applies to the questions displayed below.] is the world's leading express-distribution company. In addition to its 643 aircraft, the company

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27 Requlrea [The following information applies to the questions displayed below.] is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages $25,000. Movelt had originally purchased the truck for $41,000 and had recorded depreciation for three years Assume that Movelt sold a delivery truck for Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $ 16,000,$12,000, and (c) $18,000. (Select "None" if there is no Gain or Loss.)

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