Rodriguez Company pays $347.490 for real estate with land, land improvements, and a building, Land is appraised at $180,000; land Improvements are appraised at $90,000, and the building is appraised at $180,000 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 Cont" answers to 2 decimal places) Appraised Value Percent of Total Appraised Value Total Cost of Apportioned Acquisition Cost $ 40,500 Land Land improvements Cala Manufacturing purchases land for $269,000 as part of its plans to build a new plant. The company pays $36,800 to tear down an old building on the lot and $54,400 to fill and level the lot. It also pays construction costs of $1761700 for the new building and $111,204 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash View transaction Hist Journal entry worksheet A Record the total costs of the plant assets. Nonto debits bort Prey 2 of 8 HIE Next > 48F 10:10 PM 11/18/200 Search