On January 2, 2021, Daeva Furniture purchased display shelving for $8,800 cash, expecting the shelving to remain in service for five years. Daeva depreciated the shelving on a double-declining-balance basis, with $1,800 estimated residual value. On August 31, 2022, the company sold the shelving for $3,000 cash. Read the requirement. Requirement 1. Record both the depreciation expense on the shelving for 2022 and its sale in August. Also show how to compute the gain or loss on the disposal of the shelving