Question: During 2 0 2 1 , a building with a book value of $ 8 8 , 0 0 0 and an original cost of

During 2021, a building with a book value of $88,000 and an original cost of $390,000 was sold at a gain of $78,000.
How much cash did Anders receive from the sale of the building?
How much depreciation expense was recorded on buildings during 2021?
What was the cost of buildings purchased by Anders during 2021?

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