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Pitney Company purchased an office bullding, land, and furniture for $700,000 cash. The appraised value of the assets was as follows: a. Compute the amount

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Pitney Company purchased an office bullding, land, and furniture for $700,000 cash. The appraised value of the assets was as follows: 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 dollar. Pirney Company purchased an office building, land, and furniture for $700,000 cash. The appraised value of the assets was as follows: 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. Show the purchase in a horizontal statements model. Note: in the Statement of Cash flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in and can outfowi with a minus sign. Not ali celis require input, Oo not round intermediate calculations. Round your final answers to the nearest whole doliar

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