%E9-23 (similar to) Question Help On January 2, 2016, Pet Haven purchased fixtures for $39,000 cash, expecting the fixtures to remain in service for ten years. Pet Haven has depreciated the fixtures on a straight-line basis, with $3,000 residual value. On June 30, 2018, Pet Haven sold the fixtures for $26,000 cash. Record both depreciation expense for 2018 and sale of the fixtures on June 30, 2018. (Assume the modified half-month convention is used. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by recording the depreciation expense as of Jun 30, 2018 Date Accounts and Explanation Debit Credit Jun. 30