Required information E9-1 (Static) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions displayed below] FedEx Corporation is the world's leading express-distribution company. In addition to its 643 airctaft, the compony has. more than 91,000 ground vehicies that pick up and deliver packages. Assume that FedEx sold a delivery truck for $16,000. FedEx had originally purchased the vehicle and recorded it in the Truck account for $28,000, and had recorded depreciation for three years. E9-11 (Static) Part 1 Required: 1. Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation-Truck was (a) $12,000, (b) $10,000, and (c) \$15.000. (Select "None" if there is no Goin or Loss.) E9-11 (Static) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] Required information [The following information applies to the questions displayed below] FedEx Corporation is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 91,000 ground vehicles that pick up and deliver packages. Assume that FedEx sold a delivery truck for $16,000. FedEx had originally purchased the vehicle and recorded it in the Truck account for $28,000, and had recorded depreciation for three years. E9-11 (Static) Part 2 2. Using the following structure, indicate the effects (accounts, amounts, and + for increase and - for decrease) of the disposal of the truck, assuming Accumulated Depreclation-Truck was (a) $12,000, (b) $10,000, and (c) $15,000. (Enter any decreases to Assets, Liobilities, or Stockholders' Equity with o minus sign.)