Pitney Company purchased an office building, land, and furniture for $780,000 cash. The appraised value of the assets was as follows: Land Building Furniture Total Required $ 87,360 305,760 480,480 $ 873,600 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 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. Allocated Cost Land Building $ Furniture 87,360