Pitney Co. purchased an office building, land, and furniture for $790,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $176,960 203,504 504,336 $884,800 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) Allocated Cost Land Building Furniture Total Required> Prev 1 of 6 !!! Next > Pitney Co purchased an office building, land and furniture for $790,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $176,960 203.504 Se4, 316 $984, ada 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 Show the purchase in a horizontal statements model. (In the Statement of Cash Flows column, use the initials A to designate operating activity, IA for investing activity, 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 finala PITNEY CO Horizontal Statements Model Balance Sheet Income Statement Llabluty Statement of Cash Flows Assets + Stockholder's Equity Revenue Expenses - Net Income Cash Land Building Furn