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Exercise 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an...

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Exercise 8-6A (Algo) Allocating costs for a basket purchase LO 8-1 Pitney Company purchased an office bullding, Land, and furniture for $620,000cash. 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 tchie recorded on the books for each asset. Note: Do not round intermediate colculations. Alound your final answers to the nearest whole doilar

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