I need help with part b&c

During the current year, Hitchcock Developers disposed of plant assets in the following transactions.

BLEM $9\mathrm{.}4$A

${?}_0^5$ al of Plant Assets

Feb. $10$ Office equipment costing $$24,000$ was given to a scrap dealer at no charge. At the date of disposal, accumulated depreciation on the office equipment amounted to $$21,800.$

Apr. $1$ Hitchcock sold land and a building to Claypool Associates for $$900,000,$ receiving $$100,000$ cash and a $5-$year, $9$ percent note receivable for the remaining balance. Hitchcock's records showed the following amounts: Land, $$50,000$; Building, $$550,000$; Accumulated Depreciation: Building $($at the date of disposal$),$ $$260,000.$

Aug. $15$ Hitchcock traded in an old truck for a new one. The old truck had cost $$26,000,$ and its accumulated depreciation amounted to $$18,000.$ The list price of the new truck was $$39,000,$ but Hitchcock received a $$10,000$ trade$-$in allowance for the old truck and paid $$28,000$ in cash. Hitchcock includes trucks in its Vehicles account.

Oct. $1$ Hitchcock traded in its old computer system as part of the purchase of a new system. The old system had cost $$15,000,$ and its accumulated depreciation amounted to $$11,000.$ The new computer's list price was $$8,000.$ Hitchcock accepted a trade$-$in allowance of $$500$ for the old computer system, paying $$1,500$ down in cash and issuing a $1-$year, $8$ percent note payable for the $$6,000$ balance owed.

Chapter $9$ Plant and Intangible

Instructions

a$.$ Prepare journal entries to record each of the disposal transactions. Assume that depreciation expense on each asset has been figures stated in the problem.

b$.$ Will the gains and Losses recorded in part a affect the gross profit reported in Hitchcocks income statement $?$ explain

c$.$ Explain how the financial reporting of gains and losses on plant assets differs from the financial reporting of unrealized gains and losses on marketable securities discussed in Chapter $7,$