On July $1,2023,$ Bonita's Greenhouse purchased a new delivery truck for $$127,000.$ She paid $$20,000$ cash and signea a note for the remainder. Bonita estimates that the delivery truck will have a five$-$year useful life, or $200,000$ kilometres and a residual value of $$7,000.$ Bonita's Greenhouse has a December $31$ year end.

Calculate the gain or loss on disposal for the following three independent situations:

Bonita sold the truck for $$46,350$ on January $1,2027.$ Use the straight$-$line method.

on disposal $

Question Part Score

$-\frac{-}{2}$

Bonita sold the truck for $$37,750$ on January $1,2027.$ Use the straight$-$line method.

on disposal $

Question Part Score

$-\frac{-}{2}$

Bonita sold the truck for $$29,500$ on July $1,2027.$ Use the straight$-$line method.

on disposal $