On June 30, 2024. Clooney Printers purchased a printer for $59,000. It expects the printer to last for four years and have a residual value of $10,000. Compute the depreciation expense on the printer for the year ended December 31, 2024, using the straight-Ine method O A $12 250 OB. $14,750 OC. $7,146 OD. $6,125 On January 2, 2022. Pet Retreat purchased fixtures for $35,400 cash, expecting the fixtures to remain in service for six years. Pet Retreat has depreciated the foctures on a straight-line basis, with $3,000 residual value On June 30, 2024, Pet Retreat sold the foctures for $18.400 cash Record both depreciation expense for 2024 and sale of the fixtures on June 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) Begin by recording the depreciation expense as of Jun 30, 2024 Date Accounts and Explanation Jun 30 Debit Credit 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 of parentheses) Market value of assets received + Choose from any list or enter any number in the input fields and then continue to the next question 11:59pm