Question: PLEASE HELP WITH BOTH Required information [The following information applies to the questions displayed below.) The plant assets section of the comparative balance sheets of

PLEASE HELP WITH BOTH

questions displayed below.) The plant assets section of the comparative balance sheets

Required information [The following information applies to the questions displayed below.) The plant assets section of the comparative balance sheets of Anders Company is reported below. During 2021, a building with a book value of $85,000 and an original cost of $375,000 was sold at a gain of $75,000. 1. How much cash did Anders receive from the sale of the building? 2. How much depreciation expense was recorded on bulidings during 2021 ? 3. What was the cost of bulldings purchased by Anders during 2021 ? Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

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