FedEx is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 668 aircraft and 54,000 vehicles and trailers that pick up and deliver packages. Assume that FedEx 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 $56,000
Accumulated depreciation $41,300

Required:
Prepare the journal entry for the disposal of the truck, assuming that the truck sold for:
a. $14,700 cash
b. $16,400 cash
c. $12,900 cash
(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)