Pitney Company purchased an office builing, land, and furniture for $629,000cash. 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 joumol entry to record the purchase. Complete this question by entering your answers in the tabs below. Compute the ampunt to be recorded on the books for each asset. (Do not round intecmectiate calculations. Round your final answers to nearest whole dollas) Record the purchese in a heritontal statements medel, (th the Statement of cash Flows colurmp, use the initiais oA to designate operating activity, ta for inverting to indicate that an slement is not affected by the *yent. Entar any. decreases to account balances. and cash outhows with a minus tign. Do not round intermediate C nesrest whole dollac) Journal entry worksheet Record purchase of land, buliding and furniture for cash. Notel Inter debins belore aodion