Rodriguez Company pays $$379,080$ for real estate with land, land improvements, and a bulling. Land is appraised at $$188,000$; land improvements are appralsed at $$47,000$; and a building is appraised at $$235,000.$

Required:

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.

Required $1$

Required $2$

Allouate the total cost among the three assets. $($Round your 'Apportioned Cost answers to $2$ decimal places.$)$

$\backslash$table$[[,\backslash$table$[[$Appraised$],[$Value$]],\backslash$table$[[$Percent of Total$],[$Appraised$],[$Value$]],\backslash$table$[[x$ Total Cost of$],[$Aequistion$]],\backslash$table$[[=$Apporinged$],[$Cost$]]],[$Land$,,,,],[$Land improvements,,,,$],[$Buiding$,,,,],[$Totals$,,,,]]$

Petetrit