[The following information applies to the questions displayed below.] Movelt Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 54.000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $25,000. Movel hed originally purchased the truck for $41,000 and had recorded depreciation for three years. 7. value: 0.66 points Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) S16,000, (6) $12,000, and (c) $18,000. (Select "None" if there is no Gain or loss.) Gain Loss Amount a b. C 00 0.66 points 2. Using the following structure indicate the effects on disposal of the truck assuming that Accumulated Depreciation was (a) 516000 (5) 512.000 and (c) 518.000(Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign) Assets Liabilities Stockholders'Equity cal c) 9. 072 points 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (6) $16,000. (D) $12.000 and (c) $18,000. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet