E8-14 Recording the Disposal of an Asset and Financial Statement Effects LO8-5 FedEx Corporation is a global leader in express distribution. It has the verlis iargost fleet of all cargs arcraft and thousands of wehicles and trolers to picic up and delwer pockoges. Assume thot Fectes vaid a stivil detivery tricic that tiad been used in the business for three yoars. The records of the comparty reflect the fallowing: Required: 1. Prepare the journal entry to record the disposal of the truck and the related transaction ettects. assumirg that the sales price was lat \$4,030. (b) \$4,690, or (c) \$3,720. fif no entry is required for a transactionjevent, select No journal entey required" in the first account field.) Journal entry worksheet Record the dcpasal of the track acsuming that tha sales price aas s4,030