Required information [The following information applies to the questions displayed bolow] Nomad Industries 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 Nomad sold a delivery truck for $25,000. Nomad had originally purchased the vehicle and recorded it in the Truck account for $41,000 and had recorded depreciation for three years. Using the following structure, indicate the effects (accounts, amounts, and + for increase and - for decrease) of the disposal of the truck, assuming Accumulated Depreciation-Truck was (a)$16,000, , b) $12.000, and (c) $18,000. (Enter any decreases to Assets. Liabilities, or Stockholders' Equity with a minus sign.) Required information [The following information applies to the questions displayed below] Nomad Industries is the worid's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and dellver packages. Assume that Nomad sold a delivery truck for $25,000. Nomad had originally purchased the vehicle and recorded it in the Truck account for $41,000 and had recorded depreciation for three years. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation-Truck was (a)$16,000, (b) $12,000, and (c) $18,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fiel. Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $16,000 at the time of disposal. Notet Enter debits before credts. Journal entry worksheet 1 Record the sale of the truck that has an accumulated depreciation balance of $12,000 at the time of disposal. Note: Enter debits before credits. Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $18,000 at the time of disposal. Note: Enter debits before credits