Pitney Co. purchased an office building, land, and furniture for $720,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $ 96,768 258,048 451,584 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 & Required Show 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 activity, F 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 ana PITNEY CO Horizontal Statements Modeli Balance Sheet Assets Liability Cash Land Building Far Income Statement Stockholder's Equity Revenue Expenses Net Income Statement of Cash Flows