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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

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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 ovens to Sicily Pizza for $259,000. The ovens originally cost $345.000, had an estimated service life of 10 years, had an estimated residual value of $20,000, and were depreciated using straight-line depreciation. Complete the requirements below for New Deli. 2. Calculate the book value of the ovens at the end of the third year Book value

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