On January 2, 2023, Comfy Clothing Consignments purchased showroom fixtures for $17,000 cash, expecting the fixtures to remain in service for five years. Comfy has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On October 31, 2024, Comfy sold the fixtures for $7,600 cash. Record both depreciation expense for 2024 and sale of the fixtures on October 31, 2024.