Rodriguez Company pays $363,285 for real estate with land, land improvements, and a building. Land is appraised at $168,000; land improvements are appraised at $42,000; and the building is appraised at $210,000. 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 Cost" answers to 2 decimal places.) Percent of Total Appraised Value Appraised * Total Cost of Acquisition: = Apportioned Cost Value Land $ 168,000 Land improvements Building Totals $ 168,000 0% $ 0.00 Required 1 Required 2 >