Diego Company paid $$198,000$ cash to acquire a group of items consisting of land appraised at $$59,000$ and a building appraised at $$177,000.$ Allocate total cost to these two assets and prepare an entry to record the purchase.

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Allocate total cost to these two assets.

$\backslash$table$[[,$Percent of Total,Apportioned Cost$],[$Land$,,],[$Building$,,],[$Totals$,,]]$Z