Help Save & EX Check my Rodriguez Company pays $379,080 for real estate with land, land improvements, and a building. Land is appraised at $270,000, land improvements are appraised at $54,000, and a building is appraised at $216,000. 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 aces Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Appraised Value Percent of Total Appraised Total cost of Acquisition = Apportioned C ost Value Land Land improvements Building Totals Required 2 > 1 View transaction list Journal entry worksheet oints eBook Record the costs of lump-sum purchase. Hint Print References Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal