Assume that on January 2, 2012, Vincent of Vermont purchased fixtures for $8,700 cash, expecting the fixtures to remain in service for five years. Vincent has depreciated the fixtures on a double-declining-balance basis, with $1,800 estimated residual value. On September 30, 2013, Vincent sold the fixtures for $2,600 cash. Record both the depreciation expense on the fixtures for 2013 and the sale of the fixtures. Apart from your journal entry, also show how to compute the gain or loss on Vincent’s disposal of these fixtures.