Ch.08 Ex 8-3 10 po 1 Exercise 8-3 (Algo) Lump-sum purchase of plant assets LO C1 Help Save & Exit Submit Check my work elloos Rodriguez Company pays $379.080 for real estate with land, land improvements, and a building. Land is appraised at $172,000, and improvements are appraised at $64,500, and the building is appraised at $193.500. 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. Ash Required X Required 21 Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places) Appraised Valon Percent of Total Appraised Total Cost of -Apportioned Acquisition Cost Value Land References Land improvements Building Totals S 0% S 0.00 Required 2 > 10 1 Check my work H Ask Exercise 8-3 (Algo) Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $379.080 for real estate with land, land improvements, and a building Land is appraised at $172,000, land improvements are appraised at $64,500, and the building is appraised at $193.500 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 21 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places View transaction list View journal entry worksheet Pit No Transaction General Journal 7 A 1 Land Land improvements Building Cash