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Exercise 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office building, land, and furniture for $770,000 cash. The appraised

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Exercise 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office building, land, and furniture for $770,000 cash. The appraised value of the assets was as follows: a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Compute the amount to be recorded on the books for each asset. Note: Do not round intermediate calculations, Round your final answers to the nearest whole dollar. Exercise 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office building, land, and furniture for $770,000 cash. The appraised value of the assets was as follows: a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. Complete this question by entering your answers in the tabs below. Show the purchase in a horizontal statements model. and cash outflaws with a minus sign. Not all cells require input. Do not round intermediate calculations. Round your final answers to the nearest whole dollar

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