Problem: Module 2 Textbook Problem 13 Learning Objective: 28 Identify and determine the cost of long-term operational assets Pitney Co purchased an office building, fand, and furniture for $760,000 cash. The appraised value of the assets was as follows: Required a. Compute the amount to be recorded on the books for each asset. b. Record 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. (Do not round intermediate calculations. Round your finaf answers to nearest whole dollar.) Complete this question by entering your answers in the tabs below. Fecord the purchase in a horizontal statements model. (In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a (FA): leave the cell blank if the Statement of Cash Flows is not affected. Enter any decreases to account balances and cast outtlows with a minus sign, Do not round inti calculations. Rlound your final answers to the nearest whole dollat. Not all cells will require entry.)