On January 2, 2016, Pet Salon purchased fixtures for $33,000 cash, expecting the fixtures to remain in service for ten years. Pet Salon has depreciated the fixtures on a straight-line basis, with $6,000 residual value. On August 31, 2018, Pet Salon sold the fixtures for $22,800 cash. Record both depreciation expense for 2018 and sale of the fixtures on August 31, 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 Aug. 31, 2018. Date Accounts and Explanation Debit Credit Aug. 31