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Required information The following formation applies to the questions displayed below) New Moming Bakery is in the process of closing its operations. It sold its

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Required information The following formation applies to the questions displayed below) New Moming Bakery is in the process of closing its operations. It sold its two-year-old bakery ovens to Great Harvest Bakery for $690.000 The ovens originally cost $899.000. had an estimated service life of 10 years, had an estimated residual value of $69.000. and were depreciated using straight-ine depreciation Complete the requirements below for New Morning Bakery Required: 1. Calculate the balance in the accumulated depreciation account at the end of the second year Amulated depreciation

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