Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed below) 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 $6,000. Movelt had originally purchased the vehicle and recorded it in the Truck account for $10,000 and had recorded depreciation for three years. E9-11 (Algo) Part 4 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation-Truck was (a) $4,000, (b) $3,000, and (c) $5,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 Accumulated Depreciation-Truck 4,000 Depreciation Expense 2 b Accumulated Depreciation-Truck 3,000 Depreciation Expense 3 C Accumulated Depreciation-Truck 5,000 Depreciation Expense