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 $283,600 The ovens originally cost $378,000, had an estimated service life of 10 years, had an estimated residual value of $23,000, and were depreciated using straight-line depreciation Complete the requirements below for New Deli Problem 7-8B Part 1 Required: 1. Calculate the balance in the accumulated depreciation account at the end of the third year Accumulated depreciation