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Current Attempt in Progress On July 1, 2023, Buffalo's Greenhouse purchased a new delivery truck for $105,000. She paid $20,000 cash and signed a

Current Attempt in Progress On July 1, 2023, Buffalo's Greenhouse purchased a new delivery truck for $105,000. She paid $20,000 cash and signed a promissory note for the remainder. Buffalo estimates that the delivery truck will have a five-year useful life, or 125.000 kilometres and a residual value of $5,000. Buffalo's Greenhouse has a December 31 year end. Calculate the gain or loss on disposal for the following three independent situations:

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