Recording partial-year depreciation and sale of an asset On January 2, 2017, Comfy Clothing Consignments purchased showroom fixtures for $17, 000 cash, expecting the fixtures to remain in service for five years, Comfy has depreciated the fixtures on a double-declining-balance basis, with zero residual value. On October 31, 2018, Comfy sold the fixtures for $7, 600 cash. Record both depreciation expense for 2018 and sale of the fixtures on October 31, 2018