The following information applies to the questions displayed below.] The plant assets section of the comparative balance sheets of Anders Company is reported below.

ANDERS COMPANY
Comparative Balance Sheets
			2019				2018
Plant assets
Equipment		$	300,000			$	390,000
Accumulated depreciationEquipment			(148,000	)			(258,000	)
Equipment, net		$	152,000			$	132,000
Buildings		$	500,000			$	520,000
Accumulated depreciationBuildings			(172,000	)			(357,000	)
Buildings, net		$	328,000			$	163,000

During 2019, equipment with a book value of $64,000 and an original cost of $225,000 was sold at a loss of $7,800. 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2019? 3. What was the cost of new equipment purchased by Anders during 2019?

During 2019, equipment with a book value of $64,000 and an or was sold at a loss of $7,800. 1. How much cash did Anders receive from the sale of equipmen 2. How much depreciation expense was recorded on equipment 3. What was the cost of new equipment purchased by Anders du 1. 2. Cash received from the sale of equipment Depreciation expense Purchase of equipment 3