how much cash did Anders

IT 12 Homework Saved Required information (The following information applies to the questions displayed below.) of 2 The plant assets section of the comparative balance sheets of Anders Company is reported below. 2016 Book ANDERS COMPANY Comparative Balance Sheets 2017 Plant assets Equipment $ 305,000 Accum. Depr.-Equipment (158,000) Equipment, net $ 155,000 Buildings 5 505,000 Accum. Depr.-Buildings (175,000) Buildings, net $ 330,000 Hint $ 395,000 (260,000) $135,000 $525,000 (360,000) $ 165,000 Print Terences During 2017, equipment with a book value of $65,000 and an original cost of $230,000 was sold at a loss of $8,000. 1. How much cash did Anders receive from the sale of equipment? Cash received from the sale of equipment $ 57,000 During 2017, equipment with a book value of $65,000 a. original cost of $230,000 was sold at a loss of $8.000. 1 of 2 1. How much cash did Anders receive from the sale of equipment? Cash received from the sale of equipment $ 57.000 BOOK Print 2. How much depreciation expense was recorded on equipment during 2017 References Depreciation expenso 3. What was the cost of new equipment purchased by Anders during 2017? Purchase of equipment Prav 3 Next > J Welcome 2019 Pla Chapter 12 Homework i Saved 2016 Part 2 of 2 ANDERS COMPANY Comparative Balance Sheets 2017 Plant assets Equipment $ 305,000 Accum. Depr.-Equipment (15e,een) Equipment, net $ 155 Buildings $ 505,000 Accum. Depr.-Buildings (175,000) Buildings, net $ 330,000 $395,000 (260, eee) $ 135,000 $ 525,000 (360,000) $165,000 0.76 points eBook During 2017. a building with a book value of $95.000 and an original cost of $425,000 was sold at a gain of $85,000. 1701 Print 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 2017? References 1. Cash received from the sale of building Depreciation expense Purchase of building