Check my work mode : This shows Wide Required information Problem 7-8B Record the disposal of equipment (L07-6) [The following information applies to the questions displayed below.) New Dell is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $275,400. The ovens originally cost $367.000 had an estimated service life of 10 years, had an estimated residual value of $22,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Deli. Problem 7-8B Part 1 Required: 1. Calculate the balance in the accumulated depreciation account at the end of the third year. Answer is complete but not entirely correct. 3053