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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

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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 672 aircraft and 67000 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 Accumulated depreciation $40,000 24,500 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. $15,200 cash b. $16.700 cash c. $12,800 cash View transaction let Journal entry worksheet

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