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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below] The plant assets section of the comparative balance sheets of Anders Company is reported below. QS 12-10 (Algo) Computing investing cash flows LO P3 During 2020, equipment with a book value of $53,000 and an onginal cost of $275,000 was sold at a loss of $5,600 1. How much cash did Anders recetve from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2020 ? 3. What was the cost of new equipment purchased by Anders during 2020