Pitney Co. purchased an office building, land, and furniture for $790,500 cash. The appraised value of the assets was as follows: Land Building Furniture Total $141,658 247,901 495, 802 $885,360 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model like the following one: c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C 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 Building Furniture Total Land Building Furniture Total $141,658 247,901 495,802 $885,360 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model like the following one: c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required A Required B Required C Show the purchase in a horizontal statements model like the following one: (Do not round intermediate calculations. Round your final answe column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, NC for net change in cash and N. account balances with a minus sign.) PITNEY CO. Statements Model = Equity Furn. = Revenue - Expenses = Net Income Cash Flows Assets + Building Cash + Land +