How do I determine the percent of total appraised value? I thought I was supposed to take the Appraised Value and divide it by Total Cost of Acquisition but that doesn't seem to be correct.

Exerclse 8-3 Lump-sum purchase of plant assets Lo C1 Rodriguez Company pays $375,000 for real estate plus $19,875 in closing costs. The real estate consists of land appraised at $220,500: land improvements appraised at $73,500: and a building appraised at $196,000 Requlrec: 1. Allocate the total cost among the three purchased assets. 2. Prepare the journal entry to record the purchase Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Required 1Required 2 Allocate the total cost among the three purchased assets. (Round your "Apportioned Cost" answers to 2 decimal places.) x Total Cost of Total Appraised Value Value Cost 220,500 73,500 196,000 S 490,000 58% e 10% 50% 125% x3g4.875 OS 221.130.00 3 x 304.875 x 394.875197, 437.50 Land Land 75,028.25 Building Totals 493,593.75