P7-2B Sicily Pizza purchased baking ovens from New World Deli. New World Deli was closing its bakery business and sold its three-year-old ovens for $341,000. In addition to the purchase price, Sicily Pizza paid shipping costs of $16,000. Employees of Sicily Pizza installed the ovens; labor costs were $17,000. An outside contractor performed some of the electrical work for $3,800. Sicily Pizza consumed pizza dough with a cost of $1,300 in testing the ovens. It then installed new timers on the ovens at a cost of $800 and placed the machines in operation. Required: 1. Prepare a schedule showing the amount at which Sicily Pizza should record the ovens in the Equipment account 2. Indicate where any amounts not included in the Equipment account should be recorded