On January 2, 2018. Sparkle Lighting purchased ahowroom foxtures for $21,000 cash, expecting the fixtures...
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On January 2, 2018. Sparkle Lighting purchased ahowroom foxtures for $21,000 cash, expecting the fixtures to remain in service for 8 years. Sparkio Lighting has dogreciated the futures on a straight-line basis, with zero residual value. On August 31,2019 , Sparkle Lighting sold the fotures for $6,500 cash. Record both the depreciation experise on the foctures tor 2019 and the sale of the firtures on Aigust 31, 2019 . Round intermodiate caloulations to the nearest cent and fral answers to the nearest whole dollar. (Record debits first, then credits. Exclude explanubians from any ipumal entries) Record the depreciation expense for 2019
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