Rodriguez Company pays $363,285 for real estate with land, land improvements, and a building. Land is appraised at $220,000; land improvements are appraised at $82,500; and the building is appraised at $247,500. 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 x Total Cost of Appraised Value Appraised Value Acquisition = Apportioned Cost Land Land improvements Building Totals Journal entry worksheet