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please explain how to get the percent of total appraised value and total cost of acquisition and help me with the journal entry Rodriguez Company

please explain how to get the percent of total appraised value and total cost of acquisition and help me with the journal entry image text in transcribed
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Rodriguez Company pays $347,490 for real estate with land, land improvements, and a building. Land is appraised at $255,000; land Improvements are appraised at $76,500; and a building is appraised at $178,500. 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. es Required 1 Required 2 Allocate the total cost among the three antats. (Round your apportioned Cost" answers to 2 decimal places) Appraned Value Percent of Total Appraised Value x Total Cost of Acquisition Apportioned Cost $ 50 Land improvements Building 265,000 78.500 178.500 X 347.490 347 400 - 347 400 Proy 10 B 311 Journal entry worksheet

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