Refer to the balance sheet data in QS 12 10 from Anders Company During 2017, a building with a book value of $70,000 and an original cost of $300,000 was sold at a gain of $60,000 How much cash did Anders receive from the sale of the building How much depreciation expense was recorded on buildings during 2017 What was the cost of buildings purchased by Anders during 2017 ANDERS COMPANY Comparative Balance Sheets Plant assets Equipment $180,000$270,000 Accum depr Equipment Equipment, net $80,000(100,000)$60,000(210,000) Buildings $380,000$400,000 Accum depr Buildings Buildings, net $280,000(100,000)$115,000(285,000)

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Refer to the balance sheet data in  QS 12 10 from Anders Company  During 2017, a building with a book value of $70,000 and an original cost of $300,000 was sold at a gain of $60,000  How much cash did Anders receive from the sale of the building  How much depreciation expense was recorded on buildings during 2017  What was the cost of buildings purchased by Anders during 2017  ANDERS COMPANY Comparative Balance Sheets Plant assets Equipment                         $180,000$270,000 Accum  depr  Equipment Equipment, net  $80,000(100,000)$60,000(210,000) Buildings                        $380,000$400,000 Accum  depr Buildings Buildings, net  $280,000(100,000)$115,000(285,000)

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Refer to the balance sheet data in .QS 12-10 from Anders Company. During 2017, a building with a book value of $70,000 and an original

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