Save On January 2.2023, Favorite Clothing Consignments purchased showroom fixtures for $18,000 cash, expecting the fodures to main in service for five years Favorite has depreciated the fixtures double-declining-balance basis, with zero residual value. On August 31, 2024, Favorte sold the fatures for $8,000 cash Record both depreciation expense for 2024 and sale of the fixtures on August 31 2024 (Recond debils fist, then credits. Select the explanation on the last line of the joumal entry table. Note that 2023 depreciation was recorded and posted in 2003) CHO Begin by reconding the depreciation expense for January 1, 2024 through August 31, 2024 Date Accounts and Explanation Debi Credi Aug 31-