CI 1 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. 0 oints 2011 BOOK ANDERS COMPANY Comparative Balance sheets 2019 Plant assets Equpment $ 230,000 Accumulated depreciation Equipment (120,000 Equipment, net $ 110,000 huildings $430,000 Accumulated depreciation-buildings (130,000 Muildinge, net $ 300,000 $ 320,000 (230.000) 590.000 $450,000 315.000 $135,000 Hint Print References QS 12-11 Computing Investing cash flows LO P3 During 2019. a bullding with a book value of $80,000 and an original cost of $350,000 was sold at a gain of $70,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on buildings during 2019? 3. What was the cost of buildings purchased by Anders during 2019? 1 2 Carolved from the sale of building Depreciation expert Purchase of building 3