Rodriguez Company pays $365,000 for real estate plus $19.345 in closing costs. The real estate consists of land appraised at $208,000, land improvements appraised at $78,000: and a building appraised at $234,000 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.) of Total x Total Cost of Acquisition Appraised Cost Land Land ing Totals 0% 0.00 K Prev 9 of 11 Next re to search ournal entry worksheet Record the costs of lump-sum purchase. Record entry arch