E9-11 (Static) Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed below) FedEx Corporation is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 91.000 ground vehicles that pick up and deliver packages. Assume that FedEx sold a delivery truck for $16,000. FedEx had originally purchased the vehicle and recorded it in the Truck account for $28,000, and had recorded depreciation for three years. E9-11 (Static) Part 2 2. Using the following structure, indicate the effects (accounts, amounts, and + for increase and for decrease) of the disposal of the truck, assuming Accumulated Depreciation --Truck was (a) $12,000. (b) $10,000, and (c)$15,000. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.)