New Deli 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 (Algo) Part 1 Required: 1. Calculate the balance in the Accumulated Depreciation account at the end of the third year.