Rodriguez Company pays $336,960 for real estate with land, land improvements, and a building, Land is appraised at $211.500; and improvements are appraised at $94.000, and a building is appraised at $164,500 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.) Appraised Value Percent of Total Appraised Value * Total Cost of Acquisition = Apportioned Cost Land Land improvements Bulding Totals RAG 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