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Pitney Company purchased an office building, land, and furniture for $710,000cash. The appraised value of the assets was as follows. Required a. Compute the amount

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Pitney Company purchased an office building, land, and furniture for $710,000cash. 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.)

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