Rodriguez Company pays $$358,020$ for real estate with land, land improvements, and a building. Land is appraised at $$220,500$; land improvements are appraised at $$73,500$; and the building is appraised at $$196,000.$

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.

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$]],\backslash$table$[[*$otal Cost of$],[$Acquisition$]],\backslash$table$[[=$ Apportioned$],[$Cost$]]],[$Land$,,,,],[$Land improvements,,,,$],[$Suilding$,,,,],[$Totals$,,,,]]$