FedEx Corporation is a global leader in express distribution. It has the worlds largest fleet of all-cargo aircraft and thousands of vehicles and trailers to pick up and deliver packages. Assume that FedEx sold a small delivery truck that had been used in the business for three years. The records of the company reflect the following:

FedEx Corporation is a global leader in express distribution. It has the world's largest fleet of all-cargo aircraft and thousands of vehicles and trailers to pick up and deliver packages. Assume that FedEx sold a small delivery truck that had been used in the business for three years. The records of the company reflect the following Delivery truck Accumulated depreciation $ 28,450 24,390 Required 1. Prepare the journal entry to record the disposal of the truck and the related transaction effects, assuming that the sales price was (a) $4,060, (b) $4,740, or (c) $3,780. (If no entry is required fora transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record sale of an asset at its carrying amount without any loss or gain Note: Enter debits before credits Transaction General Journal Debit Credit No journal entry required Accounts payable Accounts receivable Accumulated depreciation Cash Deliverv truck Record e View general journal