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Check my work Rodriguez Company pays $368,550 for real estate with land, land improvements, and a building. Land is appraised at $247,500; land improvements are

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Check my work Rodriguez Company pays $368,550 for real estate with land, land improvements, and a building. Land is appraised at $247,500; land improvements are appraised at $82,500; and a building is appraised at $220,000. 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) Percent of Total Appraised Value Appraised Value x Total Cost of Acquisition Apportioned cost Land Land improvements Building Totals Required 2 >

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