Help required 1 & 2

Exercise 10-3 Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $347.490 for real estate with land, land improvements, and a building Land is appraised at $220,500, land improvements are appraised at $98,000, 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 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 x Total Cost of Acquisition Apportioned Cast Land Land improvements Building Totals 0% 0.00 $ Required Required 2 >