$3$ parts to this On January $2,2023,$ Favorite Clothing Consignments purchased showroom fixtures for $$13,000$ cash, expecting the fixtures to remain in service for five years. Favorite has

dep Question Viewer a double$-$declining$-$balance basis, with zero residual value. On September $30,2024,$ Favorite sold the fixtures for $$7,000$ cash. Record both

depreciation experise iui $024$ and sale of the fixtures on September $30,2024.($Record debits first, then credits. Select the explanation on the last line of the journal entry table.

Note that $2023$ depreciation was recorded and posted in $2023.)$

Begin by recording the depreciation expense for January $1,2024$ through September $30,2024.$