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E7-14 (Algo) Recording the Disposal of an Asset and Financial Statement Effects LO7-5 FedEx Corporation is a global leader in express distribution it has the

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E7-14 (Algo) Recording the Disposal of an Asset and Financial Statement Effects LO7-5 FedEx Corporation is a global leader in express distribution it has the world's Largest fleet of all cargo akcraft and thousands of vehicles, trailers and electric powered autonomous delivery robots (bots) and drones to pick up and dellver packages. These bots and drones are used primarily for the "last mile for kilometre) of defluery" in the most envitonmentally sustainable and cost-effective woy Assume that FedEx sold some of its robots as part of a modernization process. The bots had been used in the business for three years the records of the company reflect the following in millions) Required: 1. Prepare the joumal entry to record the disposal of the fleet of bots and the related transaction eflects, assuming that the sales price Was (a) $12 (b) $13, or (c) $10. (If no entry is required for o tronsoction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the disposal of the truck assuming that the sales price was $12. Note: Enter debits before credits

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