Requilred information Problem 7.8B (Algo) Record the disposal of equipment (LO7.6) (The following information applies to the questions displayed below] New Deil is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $259,000. The ovens otiginally cost $345,000, hod an estimoted service iffe of 10 years, had an estimated residual value of $20,000, and were depreclated using straight-line deprectaton. Complete the requitrements below for New Dett Problem 7-8B (Algo) Part 1 Required: 1. Calculate the balance in the Accumulated Depreciation account at the end of the third year