On January 2, 2017, Loved Clothing Consignments purchased showroom fixtures for $10,000 cash, expecting the fixtures to remain in service for five years. Loved has depreciated the fixtures on a double-declining balance basis, with zero residual value. On August 31, 2018. Loved sold the fixtures for $5,000 cash. Record both depreciation expense for 2018 and sale of the fixtures on August 31, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Note that 2017 depreciation was recorded and posted in 2017.) Begin by recording the depreciation expense for January 1, 2018 through August 31, 2018. Date Debit Credit Aug. 31 Accounts and Explanation Depreciation Expense-Fixtures Accumulated DepreciationFixtures To record depreciation on fixtures