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E-378tLearnangDbectives , 3:Analying the eject of a sale oy P Ddrpecation Assume that on January 2, 20X6, LaSalle of Lyon purchased fixtures for 8,300 ash,
E-378tLearnangDbectives , 3:Analying the eject of a sale oy P Ddrpecation Assume that on January 2, 20X6, LaSalle of Lyon purchased fixtures for 8,300 ash, expect g the fixtures to remain in service for Eve years. LaSalle has depreciated the fixtures on adouble declining balance basis, with 1,70D estimated residual value. On September 30 20X7, LaSalle sold the fixtures for 2,300 cash Record both the depreciation expense on the ixtures for 20X7 and then the sale of the fixtures. Apart from your journal entry, also show how to compute the gain or loss on LaSalle's disposal of these Eixtures
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