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The plant assets section of the comparative balance sheets of Anders Company is reported below. QS 12-10 (Algo) Computing investing cash flows LO P3 During

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The plant assets section of the comparative balance sheets of Anders Company is reported below. QS 12-10 (Algo) Computing investing cash flows LO P3 During 2021, equipment with a book value of $46,000 and an original cost of $240,000 was sold at a loss of $4,200. 1. How much cash did Anders recelve from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2021 ? 3. What was the cost of new equipment purchased by Anders during 2021

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