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Fast Delivery is the world’s largest express transportation company. In addition to the world’s largest fleet...

Fast Delivery is the world’s largest express transportation company. In addition to the world’s largest fleet of all-cargo aircraft, the company has more than 655 aircraft and 68,000 vehicles and trailers that pick up and deliver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost $ 42,000 Accumulated depreciation 26,700 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $15,300 cash b. $16,700 cash c. $12,700 cash

1- Record the disposal of the truck, assuming the truck was sold for $15,300 cash.

2-Record the disposal of the truck, assuming that the truck was sold for $16,700 cash.

3-Record the disposal of the truck, assuming the truck was sold for $12,700 cash

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