MoveIt Corporation is the worlds leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that MoveIt sold a delivery truck for $28,000. MoveIt had originally purchased the truck for $47,000 and had recorded depreciation for three years. Required: Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $19,000, (b) $15,000, and (c) $23,000.

Required information [The following information applies to the questions displayed below.] Movelt Corporation is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $28,000. Movelt had originally purchased the truck for $47,000 and had recorded depreciation for three years. Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $19,000, (b) $15,000, and (c) $23,000. (Select "None" if there is no Gain or Loss.) Gain/Loss Amount a. b. C