On January 2, 2022, Pet Haven purchased fixtures for $62,400 cash, expecting the fixtures to remain in service for nine years. Pet Haven has depreciated the fixtures on a straight-line basis, with $3,000 residual value. On April 30, 2024, Pet Haven sold the fixtures for $41,000 cash. Record both depreciation expense for 2024 and sale of the fixtures on April 30, 2024. (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.) Debit Credit Begin by recording the depreciation expense as of Apr. 30, 2024 Date Accounts and Explanation Apr. 30 Depreciation ExpenseFixtures Accumulated Depreciation Fixtures To record depreciation on fixtures. Before recording the sale of the fixtures, let's calculate any gain or loss on the sale of the fixtures. (Enter a loss with a minus sign or parentheses.) Market value of assets received Less: Book value of asset disposed of Cost Less: Accumulated Depreciation Gain or (Loss) Now, record the sale of the fixtures on April 30, 2024. Date Accounts and Explanation Debit Credit Apr. 30