Crow Co. purchased some of the machinery of Hare Inc., a bankrupt competitor, at a liquidation sale for a total cost of $136,200. Crow's cost of moving and installing the machinery totaled $12,300. The following data are available: Item Punch press Lathe Welder Hare's Net Book Value on List Price of Same the Date of Sale Item If New $ 85,400 $ 131,000 58,200 67,000 26,400 42,000 Appraiser's Estimate of Fair Value $108,000 45,000 27,000 Required: a. Calculate the amount that should be recorded by Crow Co. as the cost of each piece of equipment. Purchase Price Allocation Punch press Lathe Welder Total