Fast Deliveryis the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 659 aircraft and 65,000 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: $52,000

Accumulated depreciation:36,500

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.$15,500 cash

b.$16,500 cash

c.$14,100 cash

Journal entry worksheet Record the disposal of the truck, assuming the truck was sold for $15,500 cash. Note: Enter debits befOre credits. Clear entry View general journal Journal entry worksheet Record the disposal of the truck, assuming that the truck was sold for $16,500 cash. Note: Enter debits befOre credits. Record entry Clear entry View general journal Journal entry worksheet Record the disposal of the truck, assuming the truck was sold for $14,100 cash. Note: Enter debits befOre credits. Clear entry View general journal