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

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

$12-11($Algo$)$ Computing investing cash flows LO P$3$

uring $2021,$ a building with a book value of $$74,000$ and an original cost of $$320,000$ was sold at a gain of $$64,000.$

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

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

What was the cost of buildings purchased by Anders during $2021?$ During $2021,$ equipment with a book value of $$44,000$ and an original cost of $$230,000$ was sold at a loss of $$3,800.$

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 $2021?$