Requlred Informatlon Use the following information for the Quick Study below The following Information apples to the questions displayed belowj The plant assets section of the comparative balance sheets of Anders Company Is reported below. ANDER8 COMPANY Comparative Balance Sheets 2017 2016 Plant assets 180,000 $ 270,000 (100,000) $ 80,000 S 380,000 (210,000) 60, 000 400, 000 Equipment, net (100,000) (285,000) Accum. Depr.-Buildings s 280,000 115, 000 QS 12-6 Indirect: Computing investing cash flows LO P2 Durlng 2017, a bullding with a book value of $70,000 and an original cost of $300,000 was sold at a galn of $60,000. 1. How much cash did Anders recelve from the sale of the bullding? 2. How much depreclation expense was recorded on bulldings during 2017? 3. What was the cost of buildings purchased by Anders during 2017? Cash received from the sale of building 2. Depreciation expense 3. Purchase of building