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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 $55,000 and an oniginal cost of $285,000 was sold at a loss of $6,000. 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 202t? 3. What was the cost of new equipment purchased by Anders during 202t

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