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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
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 $287.700. The ovens originally cost $383.500. had an estimated service life of 10 years, had an estimated residual value of $23,500, and were depreciated using straight-line depreciation Complete the requirements below for New Dell Required: . Calculate the balance in the accumulated depreciation account at the end of the third year. Accumulated copreciation Required information [The following information applies to the questions displayed below] New Dell is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $287700 The ovens originally cost $383,500, had an estimated service life of 10 years, had an estimated residual value of $23,500, and were depreciated using straight line depreciation Complete the requirements below for New Dell. 2. Calculate the book value of the ovens at the end of the third year Book value Required information [The following information applies to the questions displayed below) New Dell is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $287,700. The ovens originally cost $383,500, had an estimated service life of 10 years, had an estimated residual value of $23,500, and were depreciated using straight-line depreciation Complete the requirements below for New Dell 3. What is the gain or loss on the sale of the ovens at the end of the third year? Required information The following information applies to the questions displayed below) New Dell is in the process of closing its operations. It sold its three-year-old ovens to Sicily Pizza for $287.700 The ovens originally cost $383,500, had an estimated service life of 10 years, had an estimated residual value of $23,500, and were depreciated using straight-line depreciation Complete the requirements below for New Dell 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)
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