Commonwealth Delivery 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 672 aircraft and 68,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: $ 45.000 Delivery truck cost Accumulated depreciation 29,600 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $15,400 cash b. $16,300 cash c. $12,700 cash View transaction list Journal entry worksheet 1 2 Record the depreciation of Machine B. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal c. Machine C View transaction list Journal entry worksheet