Rodriguez Company pays $368,550 for real estate with land, land improvements, and a building. Land is appraised at $176.000, land Improvements are appraised at $88,000, and the building is appraised at $176,000 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) Appraised Value Percent of Total Appraised Value = Apportioned Total Cost of Acquisition Cost Land Land improvements Building Totals $ 09 $ 0.00 Required 2 > Rodriguez Company pays $368,550 for real estate with tand, fand improvements, and a building and is appraised at $176.000, land improvements are appraised at $88,000, and the building is appraised at $176,000 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 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places) View transaction list Journal entry worksheet