Assume that on January 2, 2014, Design Guild of Vermont purchased fixtures for $9,700 cash, expecting the fixtures to remain in service for five years. Design Guild has depreciated the fixtures on a double-declining-balance basis, with $1,800 estimated residual value. On September 30, 2015, Design Guild sold the fixtures for $3,300 cash. Record both the depreciation expense on the fixtures for 2015 and the sale of the fixtures. Apart from your journal entry, also show how to compute the gain or loss on Design Guild’s disposal of these fixtures.