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Required information The following information applies to the questions displayed below) OnTime Packaging is the world's leading express-distribution company. In addition to its 643 mircraft,

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Required information The following information applies to the questions displayed below) OnTime Packaging is the world's leading express-distribution company. In addition to its 643 mircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that OnTime sold a delivery truck for $11,000. Ontime had originally purchased the vehicle and recorded it in the Truck account for $18,000 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) 57,000. (D) $4,000, and (c)$12,000. (Enter any decreases to Assets Liabilities, or Stockholders' Equity y with a minus sign) Lisbites Stockholders - Asus a) Cash .) Accumulated Depreciation-Truck 3) b) Cash b) Accumulated Depreciation-Truck b) c) Cash c) Accumulated Depreciation Truck

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