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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

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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 delivery truck for 531,000. Movelt had originally purchased the truck for $1.000 and had recorded 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) 520,000. (b) $16.000, and (c) $26,000 (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) Stockholders' Liabilities Ent Cash 0200009 31.000 En 30 O

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