Pitney Company purchased an office building, land, and furniture for $670,000 cash. The appraised value of the assets was as follows: Land Building Furniture $ 142,576 187,600 420,224 $ 750,400 Total 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. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Land Building Furniture Allocated Cost

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. Compute the amount to be recorded on the books for each asset. Note: Do not round intermediate calculations, Round your final answers to the nearest whole dolla