Rodriguez Company pays $350,000 for real estate plus $18,550 in closing costs. The real estate consists of land appraised at $189,000; land improvements appraised at $42,000; and a building appraised at $189.000 Required: 1. Allocate the total cost among the three purchased 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 purchased assets. (Round your "Apportioned Cost answers to 2 decimal places.) Percent of Totalx Total Cost of Appraised Acquisition Apportioned Appraised Value Cost Value Land Land improvements Building Totals K Required 1 Required 2> Journal entry worksheet Record the costs of lump-sum purchase Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal