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Required information (The following information applies fo the questions displayed below) Movelt Corpotation is the world's leading express-distribution company in addition to its 643 aircraft,

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Required information (The following information applies fo the questions displayed below) Movelt Corpotation is the world's leading express-distribution company in addition to its 643 aircraft, the campany has more than 57,000 ground vehicles that pick up and detwer packoges. Assume that Movelt sold a delivery truck for 517,000 . Movelt had originally purchased the vehicle and recorded it in the Truck account for $29.000 and had recorded depreciation for three yean. 4. Prepare the jouthal entry to record the disposal of the truck, assuming Accumulated Depreciation-Truck was (a)$12.000,(b) $8,000, nnd (c) $14,000 (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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