E8-14 Recording the Disposal of an Asset and Financlal Statement Effects LO8-5 FedEx Corporation is a global leader in express distribution. It has the world's largest fleet of all-cargo aircraft and thousands of vehicles and trailers to pick up and deliver packages. Assume that FedEx sold a small delivery truck that had been used in the business for three years. The records of the company reflect the following: Requlred: 1. Prepare the journal entry to record the disposal of the truck and the related transaction effects, assuming that the sales price was (a) $5,610, (b) $6,220, or (c) $5,310. (If no entry ls requlred for a transecton/event, select "No Journal entry requlred" In the flrst account fleld.) Journal entry worksheet Record the disposal of the truck assuming that the sales price was $5,610. Note: Enter debits before credits. 2. This part of the question is not part of your Connect assignment