with $$1,600$ estimated residual value. On September $30,2022,$ the company sold the shelving for $$2,400$ cash.

Read the requirement.

Start by recording depreciation expense on the shelving for $2022.($Record debits first, then credits. Exclude explanations from any journal entries.$)$

$\backslash$table$[[$Date $30,$Accounts$],[$Sep $30,$Requirement Entry$],[1.$ Record both the depreciation expense on the shelving for $2022$ and its sale in$,],[$September$.$ Also show how to compute the gain or loss on the disposal of the,$],[$shelving$.,]]$