On January 2, 2023, Family Clothing Consignments purchased showroom fixtures for $13,000 cash, expecting the fixtures to remain in service for five years. Family has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On September 30, 2024, Family sold the fixtures for $7,300 cash. Record both depreciation expense for 2024 and sale of the fixtures on September 30, 2024. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Note that 2023 depreciation was recorded and posted in 2023.) C. Begin by recording the depreciation expense for January 1, 2024 through September 30, 2024. Date Debit Credit Sep. 30 Accounts and Explanation Depreciation ExpenseFixtures Accumulated DepreciationFixtures 2,340 2,340 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. 7,300 Market value of assets received Less: Book value of asset disposed of Cost 13,000 Less: Accumulated Depreciation Gain or (Loss)