Pitney Co. purchased an office building, land, and furniture for $650,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $145,600 189,280 393,120 $725,000 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.) Allocated Cost Land Building Fumiture Total S Required B >