E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices LO8-5 Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 671 aircraft and 67,000 vehicles and trailers that pick up and deliver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost $55,000 Accumulated 39,700 depreciation 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. $15,300 cash b. $17,200 cash c. $13,200 cash View transaction list Journal entry worksheet