Rodriguez Company pays $342.225 for real estate with land and improvements, and a bulding. Land is appraised at $225.000, land Improvements are appraised at $75,000, and a building is appraised at $200.000 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 rost 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 Building Totals $ 225 000 75 000 200,000 5 500.000 45% 15% 40% 100% * 342 225 342 225 342,225 $ 000 CR Required 2 > Rodriguez Company pays $342.225 for real estate with land, land improvements, and a building, Land is appraised at $225,000; land improvements are appraised at $75.000 and a building is appraised at $200,000 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 a Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list View journal entry worksheet No General Journal Dobi Credit Transaction 1 A Land Land improvements Building Cash 136,890.00