Pitney Company purchased an office building, land, and furniture for $720,200 cash. The appraised value of the assets was as follows. Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model. c. Prepare the general journal entry to record the purchase. Complete this question by entering your answers In the tabs below. 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.) Complete this question by entering your answers in the tabs below. Record the purchase in a horizontal statements model. (In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for inves to indicate that an element is not affected by the event. Enter any decreases to account balances and cash outflows with a minus sign. Do not round intermed nearest whole dollar.) Journal entry worksheet Record purchase of land, building and furniture for cash. Note: Enter debits before credits