Question
Item Punch press Lathe Welder Hare's Net Book Value on the Date List Price of Same of Sale Item If New $ 10,650 $ 19,000
Item Punch press Lathe Welder Hare's Net Book Value on the Date List Price of Same of Sale Item If New $ 10,650 $ 19,000 8,300 10,000 2,020 6,000 Required: a. Calculate the amount that should be recorded by Crow Company as the cost of each piece of E 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. Required A Required B Punch press Lathe Appraiser's Estimate of Fair Welder Total Calculate the amount that should be recorded by Crow Company as the cost of each piece of equipment. Note: Do not round intermediate calculations. Value $ 15,000 6,000 3,060 Purchase Price Allocation
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. Calculate the amount that should be recorded by Crow Company as the cost of each piece of equipment. Note: Do not round intermediate calculations. 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. Calculate the amount that should be recorded by Crow Company as the cost of each piece of equipment. Note: Do not round intermediate calculations
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