On January 2, 2022, Pet Oasis purchased fixtures for $24,500 cash, expecting the fixtures to remain in service for five years. Pet Oasis has depreciated the fixtures on a straight-ine basis, with $5,000 residual value. On June 30,2024 , Pet Oasis sold the fixtures for $10,750 cash. Record both depreciation expense for 2024 and sale of the fixtures on June 30, 2024. (Assume the modified hall-month convention is used. Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Begin by recording the depreciation expense as of Jun. 30,2024. Before recording the sale of the fixtures, lot's calculate any gain or loss on the sale of the fixtures. (Enter a loss with a minus sign or parenthesos.) On January 2, 2022, Pet Oasis purchased fixtures for $24,500 cash, expecting the fixtures to remain in service for five years. Pet Oasis has depreciated the fixtures on a straight-line basis, with $5,000 residual value. On June 30,2024 , Pet Oasis sold the fixtures for $10,750 cash. Record both depreciation expense for 2024 and sale of the fixtures on June 30, 2024. (Assume the modified hall-month convention is used. Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Before recording the sale of the fixtutes, let's calculate any gain or loss on the sale of the fixtures. (Enter a loss with a minus sign or parentheses.) Now, record the sale of the fixtures on June 30,2024