ok Rodriguez Company pays $331,695 for real estate with land, land improvements, and a building. Land is appraised at $193,500; land improvements are appraised at $43,000; and the building is appraised at $193,500. 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. ces Required 1 Required 2 Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Land Land improvements Building Totals Percent of Total Appraised Value Appraised Value x Total Cost of Acquisition = Apportioned Cost Required 1 Required 2 >