$!$

Required information

$[$The following information applies to the questions displayed below.$]$

Nomad Industries 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 Nomad sold a delivery truck for $$25,000.$ Nomad had originally purchased the vehicle and recorded it in the Truck account for $$41,000$ and had recorded depreciation for three years.

Required:

Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation$-$Truck was $($a$)$ $$16,000,($b$)$ $$12,000,$ and $($c$)$ $$18,000.($Select "None" if there is no Gain or Loss.$)$

$\backslash$table$[[,$Gain$/$Loss$,$Amount$],[($a$),,],[($b$),,],[($c$),,]]$