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 COMPANY Comparative Balance Sheets 2819 2018 Plant assets Equipment $ 180,000 $ 270, eee Accumulated depreciation-Equipment (Iee, eee (21.8, 800) Equipment, net $ 88,900 $ 60,000 Buildings $380, ese $ 400,000 Accumulated depreciation-Buildings (189,880) (285,00 Buildings, net $ 280,000 $ 115,000 During 2019, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss or 53.000 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2019? 3. What was the cost of new equipment purchased by Anders during 2019 apter 12 6 Srved Hels Accumulated depreciation-Equipment Equipment, net Buildings Accumulated depreciation-Buildings Buildings, net 200, $ 88,888 $ 380,000 (1ee, een 5.280, ee 120,00 $ 60,000 $ 400, see (285, eee) $ 115,000 During 2019. equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of 3.000 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 20197 3. What was the cost of new equipment purchased by Anders during 2019? S Cash received from the sale of equipment Depreciation exponse Purchase of equipment 37,000 3,000 2 S S 37.000 During 2019, a building with a book value of $70,000 and an original cost of $300,000 was sold at again of 560,000 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2019 3. What was the cost of buildings purchased by Anders during 2019? Cashewed from the sale of building Deprecation porte Puch of building