Rodriguez Company pays $$347,490$ for real estate with land, land improvements, and a building. Land is appraised at $$250,000$; land improvements are appraised at $$50,000$; and the building is appraised at $$200,000.$

Allocate the total cost among the three assets.

Prepare the journal entry to record the purchase.

Complete this question by entering your answers in the tabs below.

Required $1$

Allocate the total cost among the three assets.

Note: Round your "Apportioned Cost" answers to $2$ decimal places.

$\backslash$table$[[,\backslash$table$[[$Appraised$],[$Value$]],\backslash$table$[[$Percent of Total$],[$Appraised$],[$Value$]],$Total Cost of$],[$Acquisition$,,,]]$