Rodriguez Company pays $336,960 for real estate with land, land improvements, and a building Land is appraised at $260,000, land Improvements are appraised at $78,000, and a building is appraised at $182,000. 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: 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 x Total Cost of Acquisition = Apportioned Cout $ Land Land improvements Building Total 200.000 78.000 182,000 $20.000 50% 155 35% 100% 306,000 * 336 360 336.900 $ 5 0.00 Required 2 >