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The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS COMPANY Comparative Balance Sheets 2016 Plant assets s 240,000

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The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS COMPANY Comparative Balance Sheets 2016 Plant assets s 240,000 330,000 (124,000) (234,000) $ 116,000 96,000 Equipment Accum. Depr.-Equipment Equipment, net Buildings Accum. Depr.-Buildings(136,000)(321,000) Buildings, net 440,000 $ 460,000 $304,000 139,000 During 2017, a building with a book value of $82.000 and an original cost of $360.000 was sold at a gain of $72.000 ces 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2017? 3. What was the cost of buildings purchased by Anders during 20177 1 Cash received from the sale of building 2. Depreciation expense 3. Purchase of building

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