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Rodriguez Company pays $ 3 2 6 , 4 3 0 for real estate with land, land improvements, and a building. Land is appraised at

Rodriguez Company pays $326,430 for real estate with land, land improvements, and a building. Land is appraised at $193,500; land improvements are appraised at $64,500; and the building is appraised at $172,000.
Allocate the total cost among the three assets.
Prepare the journal entry to record the purchase.

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