1203 Required information The following information applies to the questions displayed below) The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS CON Comparative Year End Balance Sheets 2001 2000 Plant annet Equipment $ 350,000 M0.000 Accumulated depreciation Equipment (125.000 (210.000) Equipment, net $ 122,000 $ 102,00 hilding $.450,000 5 470,000 Accumulated depreciation buildings (142,000 (227.000) Building, het $10,000 $ 14,000 During 2021, a building with a book value of $84.000 and an original cost of $370,000 was sold at a gain of 574,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2021? 3. What was the cost of buildings purchased by Anders during 2021? 1. Cash received from the sale of building 2 Depreciation SO Purchase of buiding