Rodriguez Company pays $363,285 for real estate with land, land improvements, and a building, Land is appraised at $202,500, land improvements are appraised at $45,000, and a building is appraised at $202,500. 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 cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Appraised Value Percent of Total Appraised x Total Cost of Acquisition = Apportioned Cost Land Land improvements Building Totals Required 2 > Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet