Part 1 of 3 Required information E9-9 Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following Information applies to the questions displayed below.] points FedEx 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 FedEx sold a delivery truck for $16.000. FedEx had originally purchased the truck for $28.000 and had recorded depreciation for three years. eBook E9-9 Part 1 Hint Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $12,000. (b) $10.000, and (c) $15.000. (Select "None" if there is no Gain or Loss.) 0 Gain/Loss Amount