On July 1, 2020, Molly's Greenhouse purchased a new delivery truck for $127,000. She paid a $20,000 cash and signed a promissory note for the remainder. Molly estimates that the delivery truck will have a five-year useful life, or 240,000 kilometres and a residual value of $7,000. Molly's Greenhouse has a December 31 year end. Calculate the gain or loss on disposal for the following three independent situations: Molly sold the truck for $46,700 on January 1, 2024. By using straight-line method the carrying amount is $43,000. on disposal $