Required information E9.11 (Aigo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [L.O 9-5] [The following information applies to the questions displayed below] Naidu Companies is the world's leading express-distribution compony, In addition to its 543 alrcraft, the company has more than 57,000 ground vehicles that pick up and dellver packages. Assume that Naldu sold a dellvery truck for $14,000. Naidu had originally purchased the vehicle and recorded it in the Truck account for $23,000 and had recorded depreciation for three years. E9.11 (Algo) Part.1 Required: 1. Calculate the amount of gain of loss on disposal, assuming that Accumulated Deprecotion-Truck was (a) $9,000,(0)$7,000, and (c) $15,000 (Select 'None' if there is no Gain or Loss.) [The following information applies to the quespions dicplayed below] Naidu Componies is the woeld's leading express-distribution compony, in addition to its 643 airctait, the company hes mare than 57.000 ground vehicles thest pick up and deliver pacicages. Assume that Naidu sold a delivery truck for $14 ood Naidu had originally purchnsed the vehicle and recorded it in the Truck occouns for $23.000 and had recoeded depreciation for three years E9.11 (Algo) Part 2 2. Using the following structure. indicate the effects loccounts, amounts, and + for increase and - for decrease) of the disposal of the truck, ossuming Accumulated Depreciation-Truck was ia) \$9,000, (b) \$7,000, and (c) \$15,000, (Emer amy decreases to Assets. LlabEities, or Stockholders' Equity with a minus algn.) 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depteciation-Truck was (o) \$9.000, (b) \$7.000, and (c) \$15,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 3 Recond the saie of the truck that has an accumulated depreciation bolence of $9,000 at the time of disposal. Thote: Enter debla before credits