8-3B Disposing of Depreciable Assets at a Gain or Loss Gaby's Family Restaurant purchases a new stove on July 1, 2024. The company pays $8,000 cash. Gaby expects the stove to be useful for 5 years after which time she expects to sell it for $2,000. The company has a December 31 fiscal-year end and would like to use straight-line depreciation. On October 31, 2025, Gaby sells the stove for $7,600 cash. Required: a.) b.) Record all relevant journal entries for the life of the stove. Assume that instead of $7,600, Gaby sold the stove for $3,000. Re-record the sale journal entry given this new sale price