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Pitney Company purchased an office building, land, and furniture for $613,900 cash. The appraised value of the assets was as follows, Land $ 103,135 Building 213,146 Furniture 321,287 Total $ 687.568 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model c. Prepare the general Journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to nearest whole dollar) Allocated Cost Land Building Furniture Tot RA Required B > Pitney Company purchased an office building, land, and furniture for $613,900 cash. The appraised value of the assets was as follows. 103,135 Duilding 213,146 Forniture Land 371 207 52687,560 Total Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model . c. Prepare the general Journal entry to record the purchase Complete this question by entering your answers in the tabs below. Required Required Required Record the purchase in a horizontal statements model. (In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activit to indicate that an element is not affected by the event Enter any decreases to account balochs and cash outflows with a minus sion. Do not round intermediate cakule nearest whole dollar) PITNEY COMPANY Horizontal Statements Model Balance Sheet Assets . Building Furniture Income Statement Expenses - Net Income Statement of Cash Flow Liabilities Stockholders Equity Cash Revenue Land (Required A Required > Pitney Company purchased an office building, land, and furniture for $613,900 cash. The appraised value of the assets was as follows. Land Building Furniture Total $ 103,135 213,146 371,282 $.687,568 so Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model. c. Prepare the general Journal entry to record the purchase Complete this question by entering your answers in the tabs below. Required A Required B Required Prepare the general Journal entry to record the purchase. (Do not round Intermediate calculations, Round your final answers to nearest Whole dollar. If no entry is required for a transaction/event, select "No journal entry required in the first account held) View transaction lit Journal entry worksheet > Record purchase of land, building and furniture for cash. Note Entereits before credit