Part 2 of Required information E9-9 Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5] (The following information applies to me questions displayed below) Movelt Corporation is the world's leading express distribution company. In addition to its 543 aircraft, the company has more than 57.000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a clelivery truck for $11.000. Movelt had originally purchased the truck for $18,000 and had recorded depreciation for three years. 206 E9-9 Part 2 2. Using the following structure, indicate the effects (accounts, amounts, and - for increase and for decrease) of the disposal of the truck, assuming that Accumulated Depreciation was (a) $7,000. (6) $4,000, and (c) $12,000. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Answer is not complete Liabilities Stockholders' Equity a) Assets Cash Accumulated Depreciation Equipment (b) Accumulated Depreciation Equipment Loss on Disposal (3.000) Accumulated Depreciation Equipment Gain an Disposal 5.000