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

ANDERS COMPANYComparative Year-End Balance Sheets 20212020Plant assets Equipment$ 260,000$ 350,000Accumulated depreciationEquipment(132,000)(242,000)Equipment, net$ 128,000$ 108,000Buildings$ 460,000$ 480,000Accumulated depreciationBuildings(148,000)(333,000)Buildings, net$ 312,000$ 147,000

QS 12-11 (Algo) Computing investing cash flows LO P3

During 2021, a building with a book value of $86,000 and an original cost of $380,000 was sold at a gain of $76,000.

1. How much cash did Anders receive from the sale of the building?
2. How much depreciation expense was recorded on buildings during 2021?
3. What was the cost of buildings purchased by Anders during 2021?