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Pitney Co. purchased an office building, land, and furniture for $600.000 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 $600.000 cash. The appraised value of the assets was as follows: Land Building Furniture Total $107,520 188,160 376,320 $672,000 OOK Hint Required a. Compute the amount to be recorded on the books for each asset b. Show the purchase in a horizontal statements model erences 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 > Required A 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, cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input. Do not found intermediate calculations. Round your finalan PITNEY CO. Horizontal Statements Model Balance Sheet Income Statement Assets Liability Statement of Cash Flow Stockholder's Equity Revenue Expenses Net Income Cash Land Building Furn

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