Rodriguez Company pays $321.165 for real estate with land, land improvements, and a building, Land is appraised at $238,500, land improvements are appraised at $79,500; and the building is appraised at $212,000. 1. 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: Required 2 Allocate the total cost among the three assets. Round your Apportioned Cost answers to 2 decimal places.) Appraised Value Percent of Total * Total Cost of Appraised Value Acquisition = Apportioned Cost 3 4692 Land Land improvements Beding 238.500 79.500 212 000 500 000 2321,186 321.166 x 321 166 4096 100 713,700.00 Required 2 > Rodriguez Company pays $321,165 for real estate with land, land improvements, and a building. Land is appraised at $238,500, land Improvements are appraised at $79,500, and the building is appraised at $212,000. 1. 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 Requred 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction llat Journal entry worksheet A Record the costs of lump-sum purchase. Note: Enter debita berare credits Transaction General Joumal Debit Credit 1 Record entry Clear entry View gener journal