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New Deli is in the process of closing its operations. It sold its three$-$year$-$old ovens to Sicily Pizza for $$295,900.$ The ovens originally cost $$394,500,$ had an estimated service life of $10$ years, had an estimated residual value of $$24,500,$ and were depreciated using straight$-$line depre$$iation$.$ Complete the requirements below for New Deli.

Required:

Calculate the balance in the Accumulated Depreciation account at the end of the third year.

Accumulated depreciation