0.85 points eBook Hint Print References Required information Use the following information for the Quick Study below. [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 Plant assets Equipment Accumulated depreciation-Equipment Equipment, net Buildings Accumulated depreciation-Buildings Buildings, net Cash received from the sale of equipment 2019 QS 12-10 Computing investing cash flows LO P3 1. 2 Depreciation expense 3 Purchase of equipment $ 180,000 (100,000 $ 80,000 $ $ 380,000 (100,600) $280,000 During 2019, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000. 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? 2018 37,000 $ 270,000 (210,000) $ 60,000 $ 400,000 (285,000) $ 115,000

Required information Use the following information for the Quick Study below. The following informabon applies to ihe cuestions displaycd betiow? The alant assets section of the comparatve balance sheets of Anders Company is iencincu below QS 12-10 Computing investing cash flows LO P3 1. How much casts did Anden receive from the sale of equesinent? 1. What was the cost of new equement purchased by Anclers durng 2019