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

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Required information [The following information applies to the questions displayed below.) Naidu 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 Naidu sold a delivery truck for $14,000. Naidu had originally purchased the vehicle and recorded it in the Truck account for $23,000 and had recorded depreciation for three years. equired: Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation-Truck was (a) $9,000,(b)$7,000, ond (C) $15,000. (Select "None" if there is no Gain or Loss.)

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