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.) Movelt Corporation is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $31000 Movelt had originally purchased the truck for $51,000 and had recorded depreciation for three years E9.9 Part 4 9. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $20,000. (6) $16,000, and (c) $26,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required information View transaction list Journal entry worksheet 1 2 3 Record the sale of the truck that has an accumulated depreciation balance of $20,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit a O F3 F4 F5 F9 Required information View transaction list Journal entry worksheet