Rodriguez Company pays $342,225 for real estate with land, land improvements, and a building Land is appraised at $210,000, land improvements are appralsed at $63.000, and the building is appraised at $147,000. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Answer is not complete. Complete this question by entering your answers in the tabs below. Allocate the total cost among the three assets. Notes Roued your "Apportioned Cost" answors to 2 decmal places. Rodriguez Company pays $342,225 for real estate with land, land improvements, and a building. Land is appraised at $210,000; land improvements are appraised at $63.000; and the building is appraised at $147.000. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the purchase. Note: Round your answers to 2 decimal places