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New Deli is in the process of closing its operations. It sold its three$-$year$-$old ovens to Sicily Pizza for $$279,500.$ The ovens originally cost $$372,500,$ had an estimated service life of $10$ years, had an estimated residual value of $$22,500,$ and were depreciated using straight$-$line depreciation. Complete the requirements below for New Deli.

$2.$ Calculate the book value of the ovens at the end of the third year.