Required information Use the following information for the Quick Study below [The following information applies to the questions displayed belowj The plant assets section of the comparative balance sheets of Anders Company is reported below ANDERS COMPANY Comparative Balance Sheets 2017 2016 Plant assets Equipment Accum. Depr.-Equipment Equipment, net Buildings Accum. Depr.-Buildings Buildings, net $ 285,000 375,000 (142,000) (252,000) $ 143,000 123,000 $ 485,000 $ 505,000 (163,000) 348,000) $ 322,000 157,000 QS 12-5 Indirect: Computing investing cash flows LO P2 During 2017, equipment with a book value of $61,000 and an original cost of $210,000 was sold at a loss of $7,200 1. How much cash did Anders receive from the sale of equipment? Cash received from the sale of equipment 2 How much depreciaton expense was recorded onqupment uring 2017 Depreciation expense 3. What was the cost of new equipment purchased by Anders during 2017? Purchase of equipmert