Chapter 12 Homework G Saved Help Save & Exit Submit Check my work 2 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. Part 1 of2 2.5 points ANDERS COMPANY Comparative Balance Sheets 2017 2016 Plant assets Equipment Accum. Depr.-Equipment Equipment, net Buildings Accum. Depr.-Buildings Buildings, net 305,000 $ 395, 000 (150,000) (260,000) 155,000 135,000 505,000 525, 000 (175,0001 _(360,000) 330,000 165,000 eBook Print References QS 12-5 indirect Computing investing cash flows LO P2 During 2017, equipment with a book value of $65,000 and an original cost of $230,000 was sold at a loss of $8,000. 1. How much cash did Anders receive from the sale of equipment? Cash received from the sale of equipment$ 57,000 Chapter 12 Homework 6 Help Save & Exit Submit Saved Check my work 2 QS 12-5 Indirect: Computing investing cash flows LO P2 During 2017, equipment with a book value of $65,000 and an original cost of $230,000 was sold at a loss of $8,000. 1. How much cash did Anders receive from the sale of equipment? Part 1 of 2 h received from the sale of equipment57,000 2.5 points eBook 2. How much depreciation expense was recorded on equipment during 2017? Print References 3. What was the cost of new equipment purchased by Anders during 2017