Chapter 8 Exercise Questions 2 Rodriguez Company pays $326.430 for real estate with land, land improvements, and a building. Land is appraised at $245.000; tand improvements are appraised at $73,500 and a building is appraised at $171,500 Required: 1. Allocate the total cost among the three assets. 2. Prepare the Journal entry to record the purchase. 016 points Complete this question by entering your answers in the tabs below. utusanen Required: Required 2 Allocate the total cost among the three assets. (Round your 'Apportioned Cost" answers to 2 decimal place Appraised Percent of Total Apprained Vakie * Total Cost of Acquisition Apportioned Cost Value Land Land improvements Building Totals View transaction list 0.16 points Journal entry worksheet ook Record the costs of lumo-sum purchase. References Non Entries before credits Transaction General Journal Debat Credit 1 Recent entry Clas entry View general