4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $20,000, (b) $17,000, and (c) $25,000. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $20,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general journal (The following information applies to the questions displayed below.) Movelt Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 54,000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $29,000. Movelt had originally purchased the truck for $49,000 and had recorded depreciation for three years. 7. value 1.00 points Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $20,000, (b) $17,000, and (c) $25,000. (Select "None" if there is no Gain or loss.) Amount Gain/Loss B. None b. 0 c