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Required Information [The following Information applles to the questions displayed below.] The plant assets section of the comparatlve balance sheets of Anders Company is reported
Required Information [The following Information applles to the questions displayed below.] The plant assets section of the comparatlve balance sheets of Anders Company is reported below. During 2021, a bullding with a book value of $70,000 and an original cost of $300,000 was sold at a galn of $60,000. 1. How much cash did Anders recelve from the sale of the bullding? 2. How much depreclation expense was recorded on buldings during 2021 ? 3. What was the cost of bulldings purchased by Anders during 2021
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