Rodriguez Company pays $331,695 for real estate with land, land improvements, and a building. Land is appraised at $229,500; land improvements are appraised at $76,500; and a building is appraised at $204,000. 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.) Appraised Value Porcent of Total Appraised Value * Total Cost of Acquisition -Apportioned Cost Land Land improvements Building Totals $ 0% $ 0.00 Required 2 >