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 $10,000. Movelt had originally purchased the truck for $16,000 and had recorded depreciation for three years. Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $6,000, (b) $5,000, and (c) $10,000. (Select "None" if there is no Gain or Loss.) Gain/Loss a. None Amount $ 0 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $6,000, (b) $5,000, and (c) $10,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 Record the sale of the truck that has an accumulated depreciation balance of $6,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit Record the sale of the truck that has an accumulated depreciation balance of $5,000 at the time of disposal. Notaetor dobite before credite