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 2020, a building with a book value of $80,000 and an original cost of $350,000 was sold at a gain of $70,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buldings during 2020 ? 3. What was the cost of bulldings purchased by Anders during 2020