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Save 17 Nate's Hot Dogs exchanges long-term assets with Lizzy's Lemonade. Nate receives a delivery truck and gives up a piece of machinery The fair value and book value of the machinery were $27,000 and $23,000 (original cost of $34,000 less accumulated depreciation of $11,000), respectively. Since the delivery truck was worth $31000, Nate paid an additional $4,000 in cash to Lizzy Record the exchange for Nate's Hot Dogs. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) 015359 View transaction ist Journal entry worksheet > Record the exchange for Nate's Hot Dogs. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal 16 A company acquired an office building, and, and equipment in a single basket purchase. The fair values were $1.200.000, 1600,000, and $200.000 to the building, tand, and equipment, respectively. The company recorded the building for $100,000. What was the total purchase cost for the ES Multiple Choice St.100.000 $1,500,000 $2,000,000 $1,600,000