Record the acquisition of each of these assets.

During the current year, Brew Crew Industries purchased five assets and constructed a building: Assets / and 2: These assets were purchased as a lump sum for $104,000 cash. The following information is available: Description Initial Cost on Depreciation on Book Value on Appraised Value Seller's Books Seller's Books Seller's Books Machinery $100,000 $50,000 $50,000 $90,000 Equipment 60,000 10,000 50,000 30,000 Asset 3: Brew Crew acquired a machine by making a $10,000 down payment and issuing a $30,000, 2-year, zero-interest- bearing note. The note is to be paid off in two $15,000 installments at the end of the first and second years. The asset could have been purchased with cash for $35,900. Asset 4: Brew Crew acquired a machine by trading in some of its used machinery. The exchange lacks commercial substance. Additional facts are as follows: Cost of machinery traded $100,000 Accumulated depreciation to date of sale 36,000 Fair value of machinery traded 80,000 Cash received 10,000 Fair value of machinery acquired 70,000 Asser 5: Brew Crew acquired office equipment by issuing 100 shares of S8 par value common stock. The stock had a market price of $11 per share. Construction of Building Brew Crew constructed a building on land purchased last year. The land cost $180,000. Construction began on February 1 and was completed November 1. The payments to the contractor were as follows: Date Payment 2/1 $120,000 6/1 60,000 9/1 80,000 11/1 100,000 To finance construction of the building, a $600,000, 12% construction loan was taken out on 2/1. The loan was repaid on 11/1. The firm had $200,000 of other outstanding debt during the year at a rate of 8%. All interest has been paid and was recorded as interest expense during the period. Required: Record the acquisition of each of these assets