Chapter 9 Homework A Saved Required information [The following information applies to the questions displayed below.] Part 1 of 3 Movelt Corporation 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 Movelt sold a delivery truck for $25,000. Movelt had originally purchased the truck for $41,000 and had recorded depreciation for three years. points Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $16,000, (b) $12,000, and (c) $18,000. (Select "None" if there is no Gain or Loss.) eBook Gain/Loss Amount Print References