Crow Co. purchased some of the machinery of Hare Inc., a bankrupt competitor, at a liquidation sale for a total cost of $16,000. Crow's cost of moving and installing the machinery totaled $1,400. The following data are available: Item Punch press Lathe Welder Hare's Net Book Value on the Date of Sale 10,600 8,330 2,690 List Price of Same Item If New $ 17,000 8,000 4,000 Appraiser's Estimate of Fair Value $ 15,000 6,000 3,080 Required: a. Calculate the amount that should be recorded by Crow Co. as the cost of each piece of equipment. (Do not round intermediate calculations.) Purchase Price Allocation Punch press Lathe Welder Total $ 0 Java Indate Availab