Required information [The following information applies to the questions displayed below Movelt Corporation 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 Movelt sold a delivery truck for $11,000 Movelt had originally purchased the truck for $18,000 and had recorded depreciation for three years of 3 Required 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $7.000, (b) $4,000, and (c) ok $12.000. (Select "None" if there is no Gain or Loss) ces sS Required information [The following information applies to the questions displayed below] Movelt 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 Movelt sold a de Movelt had ornginaily purchased the truck for s18000 and had recorded deprecia or te depreciation for three years 2. Using the following structure, indicate the effects (accounts, amounts, and+ for increase and -for decrease) of the disposal of the truck, assuming that Accumulated Depreciation was (a) $7000, Liabilities, or Stockholders' Equity with a minus sign.) $4,000, and $12,000 (Enter any decreases to Assets