! Required information The following information applies to the questions displayed below) FedEx 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 FedEx sold a delivery truck for $16,000. FedEx had originally purchased the truck for $28.000 and had recorded depreciation for three years 4. Prepare the Journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $12,000, (b) $10,000, and (c)$15,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet NO Transaction Goneral Journal Debit Credit 1 16.000 Cash Loss on Disposal Sales Revenue 4,000 12.000 2 b Accumulated Depreciation Equipment Loss on Disposal Sales Revenue 10,000 2.000 12.000 3 C 15,000 AccumulMed Depreciation Equipment Gain on Disposal Sales Revenue 3,000 10,000