Question

During 2019, a building with a book value of $73,000 and an original cost of $315,000 was sold at a gain of $63,000.

1. How much cash did Anders receive from the sale of the building?

2. How much depreciation expense was recorded on buildings during 2019?

3. What was the cost of buildings purchased by Anders during 2019

Answer 1

1) 136000

Step-by-step explanation:

Cash he recieved = 63000 + 73000

= 136,000

There is no data available to answer rest of the questions. If you have the data, please share it.