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Required information Problem 7-8B Record the disposal of equipment (L07-6) [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 $332,800. The ovens originally cost $444,000, had an estimated service life of 10 years, had an estimated residual value of $29,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Dell. Problem 7-8B Part 4 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.) View transaction list Tornal ante Arrebant Search o BI RRURERIE Required information Record the disposal of equipment. Note: Enter debits before credits. Transaction Credit 1 General Journal Cash Accumulated Depreciation Loss Equipment Debit 332,800 415,000 Record entry Clear entry View general journal