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 $12-11($Algo$)$ Computing investing cash flows LO P$3$

During $2021,$ a building with a book value of $$77,000$ and an original cost of $$335,000$ was sold at a gain of $$67,000.$

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 $2021?$