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Pitney Company purchased an office building, land, and furniture for $677,900cash. 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.) Complete this question by entering your answers in the tabs below. Record the purchase in a horizontal statements model. ( in the Statement of Cash. Fiows column, use the initals OA to designate operating octuviry, In for invevting activit to ind cate that an element is not affected by the event, Enter any decreases to account balances and cash outfows with a minus sign. Oo not round intermediate calcula nearest whole dollari? Prepare the general journal entry to record the purchase. (Do not round intermediate calculations. Round your final answers to nearest. whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record purchase of land, building and furniture for cash. Note: Enter debits before credits. Abardeen Corporation borrowed $139.000 from the bank on October 1, Year 1 . The note had an 6 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did Abardeen pay for interest in Year 1 ? b. What amount of interest expense was recognized on the Year 1 income statement? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) c. What amount of total liabilities was reported on the December 31 , Year 1 , balance sheet? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) d. What total amount of cash was paid to the bank on March 31, Year 2, for principal and interest? e. What amount of interest expense was reported on the Year 2 income statement? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)