4 0 Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below The plant assets section of the comparative balance sheets of Anders Company is reported below Part 2 of 2 714 points ANDERS COMPANY Comparative Balance Sheets 20172016 s 280,000 370,000 s 140,000 120,000 eBook Plant assets Equipment Accum. Depr.-Equipment140-0001(250 0002 Print Equipment, net Buildings Accum Buildings, net s 480,000 500,000 References . Depr.-Duldinga(160,0001 (345,000) 155,000 s 320,000 QS 12-6 Indirect: Computing investing cash flows LO P2 of 14! Next> Mc K Prev QS 12-6 Indirect: Computing investing cash flows LO P2 During 2017, a building with a book value of $90,000 and an original cost of $400,000 was sold at a gain of $80,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2017? 3. What was the cost of buildings purchased by Anders during 20172 1. Cash received from the sale of building 2. Depreciation expense 3. Purchase of building S 170,000