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O Required Information The following information applies to the questions displayed below) New Deli is in the process of closing its operations. It sold its

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O Required Information The following information applies to the questions displayed below) New Deli is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $341.000. The ovens originally cost $455,000, had an estimated service life of 10 years, had an estimated residual value of $30.000, and were depreciated using straight-line depreciation. Complete the requirements below for New Dell Required: 1. Calculate the balance in the accumulated depreciation account at the end of the third year Accumulated depreciation rences Required Information The following information applies to the questions displayed below.) New Deli is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $341,000. The ovens originally cost $455.000 had an estimated service life of 10 years, had an estimated residual value of $30,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Dell 2. Calculate the book value of the ovens at the end of the third year Book value Neyin Prey 4 w Required Information The following information applies to the questions displayed below.) New Deli is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $341,000. The ovens originally cost $455.000, had an estimated service life of 10 years, had an estimated residual value of $30,000, and were depreciated using straight-line depreciation Complete the requirements below for New Deli, 3. What is the gain or loss on the sale of the ovens at the end of the third year? 1

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