Business, 10.10.2019 04:00 kelebsessoms89

Crow co. purchased some of the machinery of hare inc., a bankrupt competitor, at a liquidation sale for a total cost of $17,000. crow’s cost of moving and installing the machinery totaled $1,800. the following data are available: item hare’s net book value on the date of sale list price of same item if new appraiser’s estimate of fair value punch press $ 10,140 $ 19,000 $ 15,000 lathe 8,740 9,000 5,000 welder 2,730 6,000 3,060 required: a. calculate the amount that should be recorded by crow co. as the cost of each piece of equipment. (do not round intermediate calculations.)

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Crow co. purchased some of the machinery of hare inc., a bankrupt competitor, at a liquidation sale...

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