Required information Problem 7.BA (Algo) Record the disposal of equlpment (LO7.6) [The following information applies to the questions displayed below; New Morning Bakery is in the process of closing its operations. It sold its two-year-old bakery ovens to Great Harvest Bakery for $620,000. The ovens origlnaly cost $822,000, had an estimated servce life of 10 years, had an estimated residual value of $52,000, and were depreciated using straight dine depreciation. Complete the requirements below for New Morning Bokery, Problem 7.8A (Algo) Part.1 Required: 1. Caiculate the baiance in the accumulated depreciation account at the end of the second year