Required information Problem 7-8B Record the disposal of equipment (LO7-6) [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 Plzza for $275,400. The ovens originally cost $367,000, had an estimated service life of 10 years, had an estimated residual value of $22,000, 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