Crow Company purchased some of the machinery of Hare Incorporated, a bankrupt competitor, at a liquidation sale for a total cost of $17,000. Crow's cost of moving and installing the machinery totaled $1,700. The following data are available: Appraiser's Estimate Iten Punch press Lathe Welder Hare's Net Book Value on the Date of Sale $ 10,140 8,880 2,360 List Price of Same Item If New of Fair Value $ 18,000 10,000 5,000 $ 16,000 6,000 3,090 Required: a. Calculate the amount that should be recorded by Crow Company as the cost of each piece of equipment. b. Which of the following alternatives should be used as the depreciable life for Crow Company's depreciation calculation? Complete this question by entering your answers in the tabs below. Ces Required A Required B Calculate the amount that should be recorded by Crow Company as the cost of each piece of equipment. Note: Do not round intermediate calculations. Punch press Lathe Welder Total Purchase Price Allocation Required & Required B >