Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions displayed befow.] WeDeliver Incorporated is the world's leading express-distribution company. In addition to its 643 alrcraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that WoDellver sold a delivery truck for $7,000. WeDeliver had originally purchased the vehicle and recorded it in the Truck account for $12.000 and had recorded depreciation for three years. E9-11 (Algo) Part 1 Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation-Truck was (a)$5,000,(b)$2.000, and (c) $7,000. (Select "None" if there is no Gain or Loss.) 2. Using the following structure, indicate the cffects (accounts, amounts, and + for increase and - for decrease) of the disposal of the truck, assuming Accumulated Depreciation-Truck wos (b) $5,000, (b) $2,000, and (c) $7,000 (Enter any decreases to Assets. Lioblities, or Stoekholders' Equity with o minus sign.]