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! Required information [The following information applies to the questions displayed below.] 4 of 4 East Mill Pizzeria is closing its business. It sold its

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! Required information [The following information applies to the questions displayed below.] 4 of 4 East Mill Pizzeria is closing its business. It sold its two-year-old pizza ovens to Marco's Italian Restaurant for $690,000. Originally, East Mill acquired the pizza ovens at a cost of $899,000. The ovens had an estimated useful life of 10 years, an estimated residual value of $59,000, and were depreciated using straight-line depreciation. Complete the requirements below for East Mill Pizzeria. 02:50:50 4. Record the sale of the ovens at the end of the second year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) eBook View transaction list Print Journal entry worksheet eferences

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