Exercise 10-3 Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $365,000 for real estate plus $19.345 in closing costs. The real estate consists of land appraised at $235,000, land improvements appraised at $47000. and a building appraised at $188,000. 1. Allocate the total cost among the three purchased assets 2. Prepare the journal entry to record the purchase Complete this question by entering your answers in the tabs below of Total Acquisition Land Building 0.00 0%