Rodriguez Company pays $331,695 for real estate with land, land improvements, and a building. Land is appraised at $164,000; land Improvements are appraised at $61,500; and a building is appraised at $184,500. Required: 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 Required 2 Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Land Land improvements Building Totals Percent of Total Appraised Value Appraised Value x Total Cost of Acquisition -Apportioned Cost 164,000 61,500 184,500 S 410,000 0% 0.00 $ Required 1 Required 2 > Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet < A Record the costs of lump-sum purchase. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit