Rodrigues Company pays $140,140 for real estate with land, land improvements, and building. Land is appraised at 172,000, land improvements are appraised at $64,500, and the building is appraised at $193,500.

1. Allocate the toral 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 * Total Cost of Acquisition Apportioned Cost Land Land improvements Building 0% Totals 11 $ 0.00 Required 2 > S Hint Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places) View transaction list Journal entry worksheet A Record the costs of lump-sum purchase. Nate: Enter debes Bedare credea Debil Credit General Journal Transaction 1 Ataw sanare jours