$1$

Rodriguez Company pays $$384,345$ for real estate with land, land improvements, and a building. Land is appraised at $$202,500$; land improvements are appraised at $$67,500$; and the building is appraised at $$180,000.$

$02$:$25$:$02$

Allocate the total cost among the three assets.

Prepare the journal entry to record the purchase.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Allocate the total cost among the three assets.

Note: Round your "Apportioned Cost" answers to $2$ decimal places.

$\backslash$table$[[,\backslash$table$[[$Appraised$],[$Value$]],\backslash$table$[[$Percent of Total$],[$Appraised Value$]],\backslash$table$[[$ Total Cost of$],[$Acquisition$]],\backslash$table$[[=$ Apportioned$],[$Cost$]]],[$Land$],[$Land improvements$],[$Building$],[$Totals$,$$$,0\%,,0\mathrm{.}00]]$

Required $1$

Required $2$