Rodriguez Company pays $347.490 for real estate with tand, land improvements, and a building Land is appraised at $168,000, tand improvements are appraised at $84,000, and the building is appraised at $168,000 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. 00:04 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 Acquisition Apportioned Cost Land Land improvements Building Totals Required 2 > 4 Journal entry worksheet > 01:59:45 Record the costs of lump-sum purchase. Note: Enter debits before credits, Transaction General Journal Debit Credit Record entry Clear entry View general journal