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I ne piant assets section or the comparative Dalance sneets or anders company is reportea deiow. QS 12-11 (Algo) Computing investing cash flows LO P3
I ne piant assets section or the comparative Dalance sneets or anders company is reportea deiow. QS 12-11 (Algo) Computing investing cash flows LO P3 During 2021 , a building with a book value of $88,000 and an original cost of $390,000 was sold at a gain of $78,000. 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
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