Cala Manufacturing purchases land for $309,000 as part of its plans to build a new plant. The company pays $32,600 to tear down an old building on the lot and $48,191 to fill and level the lot. It also pays construction costs $1,546,000 for the new building and $97,588 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. View transaction list Journal entry worksheet Record the total costs of the plant assets. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Land Rodriguez Company pays $400,140 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land improvements are appraised at $48,000; and a building is appraised at $216,000. Required: 1. Allocate the total cost among the three assets. 2. 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. (Round your "Apportioned Cost" answers to 2 decimal places.) Appraised Value Percent of Total Appraised Value x Total Cost of Acquisition = Apportioned Cost Land Land improvements Building Totals Rodriguez Company pays $400,140 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land improvements are appraised at $48,000; and a building is appraised at $216,000. Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits