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note: in the statement of cash flows column, use the initials OA to designate operating activity, IA for investibg activity, FA for financing activity, and

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image text in transcribednote: in the statement of cash flows column, use the initials OA to designate operating activity, IA for investibg activity, FA for financing activity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input. Do not round intermediate calculations. Round your final answers to the nearest whole dollar.
Pitney Company purchased an office bulding, land, and fumiture for $600,000cash. The appraised value of the assets was as follows. Kequired 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

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