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Required information

Use the following information for the Quick Study below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

The plant assets section of the comparative balance sheets of Anders Company is reported below.

QS $16-10($Algo$)$ Computing investing cash flows LO P$3$

During $2021,$ equipment with a book value of $$64,000$ and an original cost of $$225,000$ was sold at a loss of $$7,800.$

How much cash did Anders receive from the sale of equipment?

How much depreciation expense was recorded on equipment during $2021?$

What was the cost of new equipment purchased by Anders during $2021?$

$\backslash$table$[[1.$ Cash received from the sale of equipment,$],[2.$ Depreciation expense,$],[3.$ Purchase of equipment,$]]$