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 57,000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $6,000. Movelt had originally purchased the truck for $10,000 and had recorded depreciation for three years. E9-9 Part 4 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $4,000, (b) $3,000, and (c) $5,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. No Transaction Debit Credit 1 a General Journal Cash Accumulated Depreciation Equipment 10.000 X 6,000 2 b 10,000 X Cash Accumulated Depreciation-Equipment 7,000 3 10.000 X Cash Accumulated Depreciation-Equipment 3 5,000