Required informotion Problem 7-8B Record the disposal of equipment (LO7-6) 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 Siclly Pizza for $332.800, The ovens originally cost $444,000, had an estimated service life of 10 years, had an estimated residual value of $29,000, and were depreciated using straight-line depreclation. Complete the requirements below for New Dell. Problem 7-8B Part 3 3. What is the gain or loss on the sale of the ovens at the end of the third year