Rodriguez Company pays $336,960 for real estate with land, land improvements, and a building. Land is appraised at $220,500; land improvements are appraised at $73,500; and the building is appraised at $196,000. 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 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 * Total Cost of Acquisition = Apportioned Cost Value Land $ x 336,960 45% 15% x 336,960 Land improvements Building Totals 220,500 73,500 196,000 490,000 40% x 336,960 $ 100% $ 0.00