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Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information appiles to the questions dispityed below] Naidu Companies is the world's leading express-disvibution company. in adoition to its 643 aircath, the compary has more thas 57000 ground vehicles that pick up and detiver packeges. Assume that Noidu sold a defvery truck for $44,000. Naidu had orfinally purchesed the vehicle and recorded it in the Truck account for $23,000 and had recorded depreciation for three years. E9-11 (Algo) Part 2 Liabilities, or Stockholders' Equity with a minus sign.)