E7-22A. (Learning Objectives 3, 4: Measure DDB depreciation; analyze the effect of a sale ofa Plant asset) Assume that on January 2, 2014, Design Guild of Vermont purchased fixtures for 59,700 cash, expecting the fixtures to remain in service for five years. Design Guild has depreci ated 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 deprecia- tion 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