Required information. [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 Pizza for $291,800. The ovens originally cost $389,000, had an estimated service life of 10 years, had an estimated residual value of $24,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Deli. 4. Record the sale of the ovens at the end of the third year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the disposal of equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal