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[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 $10,000. Movelt had originally purchased the truck for $16.000 and had recorded depreciation for three years. 3. value: 10.00 points Required Information Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $6,000. (b) $5,000, and (c) $10,000. (Select "None" if there is no Gain or loss.) Gain/Loss Amount References eBook & Resources Hint #1 Check my work 4. value: 10.00 points Required information 2. Using the following structure, indicate the effects on disposal of the truck, assuming that Accumulated Depreciation was (a) $6,000. (D) $5,000, and (, , Equity with a minus sign.) Assets Liabilities Stockholders' Equity (a) (b) (c) 5. value: 10.00 points 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $6,000, (b) $5,000, and (c) $10,000. (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 1 > Record the sale of the truck that has an accumulated depreciation balance of $6,000 at the time of disposal. Note: Enter debits before credits. General Journal Transaction a Debit Credit Record entry View general journal Clear entry