The plant assets section of the comparative balance sheets of Anders Company is reported below ANDERS COMPANY Comparative Balance Sheets 2018 2017 Plant assets $ 188,000)210,000 Equipment Accumulated depreciation-Equipment Equipment, net Buildings Accumulated depreciation-Buildings Buildings, net (100,00) 210,000) $ 80,000 60,000 380,000 400,000 19,09)285,000) 100,000 $ 280,000 115,000 During 2018, a building with a book value of $70,000 and an original cost of $300,000 was sold at a gain of $60,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2018? 3. What was the cost of buildings purchased by Anders during 2018? Answer is not complete. Cash received from the sale of building 130,000 2. Depreciation expense 3. Purchase of building