Fast Delivery is the worlds largest express transportation company. In addition to the worlds largest fleet of all-cargo aircraft, the company has more than 655 aircraft and 68,000 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 $ 42,000 Accumulated depreciation 26,700 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. $16,700 cash c. $12,700 cash

1- Record the disposal of the truck, assuming the truck was sold for $15,300 cash.

2-Record the disposal of the truck, assuming that the truck was sold for $16,700 cash.

3-Record the disposal of the truck, assuming the truck was sold for $12,700 cash