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Required information

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VQT Companies 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 VQT sold a delivery truck for $$29,000.$ VQT

had originally purchased the vehicle and recorded it in the Truck account for $$49,000$ and had recorded depreciation for

three years.

Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation$--$Truck was $($a$)$ $$20,000,($b$)$

$$17,000,$ and $($c$)$ $$25,000.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account

field.$)$