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The plant assets section of the comparative balance sheets of Anders Company is reported below.

ANDERS COMPANY

Comparative Year$-$End Balance Sheets

$20212020$

Plant assets

Equipment $ $270,000$ $ $360,000$

Accumulated depreciation$$Equipment $(136,000)(246,000)$

Equipment, net $ $134,000$ $ $114,000$

Buildings $ $470,000$ $ $490,000$

Accumulated depreciation$$Buildings $(154,000)(339,000)$

Buildings, net $ $316,000$ $ $151,000$

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

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 $2021?$