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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

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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. During 2021 , equipment with a book value of $56,000 and an original cost of $290,000 was sold at a loss of $6,200. 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2021 ? 3. What was the cost of new equipment purchased by Anders during 2021

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