ices Pitney Co. purchased an office building, land, and furniture for $640,000 cash. The appraised value of the assets was as follows: Land: $121,856 200,704 Building Furniture Total 394,240 $716,800 Required 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. Required A Required B Compute the amount to be recorded on the books for each asset. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Land Building Furniture Total Allocated Cost Red A Required B >