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Pitney Co purchased an office building. land, and furniture for $640,000 cash. The appraised value of the assets was as follows Land Building Furniture Total

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Pitney Co purchased an office building. land, and furniture for $640,000 cash. The appraised value of the assets was as follows Land Building Furniture Total $ 71,680 215,040 430,880 $716,800 Required a. Compute the amount to be recorded on the books for each asset. b. Record the purchase in a horizontal statements model Answer is not complete. 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 nearest whole dollar) Allocated Cost Land 54.000 Building 64,000 3 Furniture 383 929 Total $ 511.929 S Answer is not complete Complete this question by entering your answers in the tabs below. HA Required Record the purchase in a hortal statements model in the can online whether them is an operating activity (OA), resting activity (LA), or a francing activity Ty lewe the call on the statement Cash Flow not afected many deces to account balance and cons with a minut sign. Do not round Intermediate calls found your free to the most wholesa Not to wrestry) Show less PNEY CO Sto Chow Asses TY Heve income Cash . Ime

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