On January 2, 2022, Pat Haven purchased fixtures for $36,000 cash, expecting the fixtures to main in service for five years. Pat Haven has depreciated the fatures on a straight-line basis, with $6,000 residual value. On April 30, 2024, Pet Haven sold the fixtures for $16,000 cash. Record both depreciation expense for 2024 and sale of the futures on April 30, 2024 (Assume the modified half-month convention is used Record debts first, then credits. Select the explanation on the last line of the journal entry table.) Begin by recording the depreciation expense as of Apr. 30, 2024. Date Apr 30 Accounts and Explanation Debit Credit Before reconding the sale of the fatures, let's calculate any gain or loss on the sale of the futures. (Enter a loss with a minus sign or parentheses.) Maat value of assets calved Less: Book value of asset disposed of Cest Lass: Accumulated Depreciation Now, record the sale of the fixtures on April 30, 2004. Date Apr 30 Accounts and Explanation Debit Credit