37B (Lcarning Objectives 2, 3: Analyzing the effect of a sale of a PPE: DDB depreciation) Assume that on January 2, 20N6, LaSalle of Lyon purchased fixtures for g the fixtures to remain in service for five years. LaSalle has depreciated the fixtures on in a double-declining-balance basis, with l,700 estimated residual value. On September 30, 20N7, Lasalle sold the fixtures for 2,300 cash. Record both the depreciation expense on the ixt ures for 20X7 and then the sale of the fixtures Apart from your jounal entry, also show how to compute the gain or loss on LaSalle's disposal of these fixtures