Chapter 8 Assignment 6 Saved 2 Rodriguez Company pays $342,225 for real estate with land, land improvements, and a building. Land is appraised at $225,000; land Improvements are appraised at $75,000, and a building is appraised at $200,000 Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. points I 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 * Total Cost of Acquisition - Apportioned Cost References Land Land improvements Building