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Required information [The following information applies to the questions cisplayed below) Movelt Corporation is the world's leading express-distribution company. In addition its 643 aircraft, the

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Required information [The following information applies to the questions cisplayed below) Movelt Corporation is the world's leading express-distribution company. In addition its 643 aircraft, the company has more than 57000 ground vehicles that plek up and deliver packages. Assume that Movelt sold o delivery truck for $27000 Movelt had originally purchased the vehicle and recorded it in the Truck account for $45,000 and had recorded depreciation for three years. Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation-Truck was (0)518,000 (6)$12,000, and (c) $21,000. (Select "None" If there is no Gain or loss.) Gain Loss Amount (a) (b) (c)

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