New Dell is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $316,400. The ovens originally cost $422,000, had an estimated service life of 10 years, had an estimated residual value of $27,000 and were depreciated using straight-line depreciation. Complete the requirements below for New Dell 4. Record the sale of the ovens at the end of the third year. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field.)

Required information [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 $316,400. The ovens originally cost $422,000, had an estimated service life of 10 years, had an estimated residual value of $27,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Dell. 4. Record the sale of the ovens at the end of the third year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet