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Please assist with the following Question 1 Chapter 6. Thanks Crow Co. purchased some of the machinery of Hare Inc., a bankrupt competitor, at a

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Please assist with the following Question 1 Chapter 6. Thanks

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Crow Co. purchased some of the machinery of Hare Inc., a bankrupt competitor, at a liquidation sale for a total cost of $15,000. Crow's cost of moving and installing the machinery totaled $1,800. The following data are available: Item Punch press Lathe Welder Required: Hare's Net Book on the Date of $ 10, 38a 8, 94a Value Sole List Price Item If $ 18,aa 9, aaa 5, aaa of Same New Appraiser's Estimate of Fair Value $ 16,aa e. Calculate the amount that should be recorded by Crow Co. as the cost of each piece of equipment. (Do not round intermediate calculations.) Punch press Lathe Welder Total

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