On January 2, 2023, Favorita Chithing Consignments purchased showroom fures for $14.000 cash, expecting the fixtures to remain in service for five years. Favorite has depreciated the futures on a double declining balance basis, with ze real value. On September 30, 2004, Favorte sold the fatures for $8,000 cash Recond both depreciation expense foy 2024 and sale of the Extures on September 30, 2024 Recond debts first, then credits. Select the explanatico on the st Begin by recording the depreciation expense for January 1, 2024 through September 30, 2024 Accounts and Explanation Sep 30 Depreciation Expense-Fat Accumulated Depreciation-F Before recording the sale of the futures, whs calculate any gain or loss on the sale of the Market value of ass Lest Book value of asset depend of Co Lees: Accumulated Depreciation 14.000 000 G Debit Credit 2.520 2.520