Rodriguez Company pays $373,815 for real estate with land, land improvements, and a building. Land is appraised at $196,000; land improvements are appraised at $98,000; and the building is appraised at $196,000. 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. Note: Round your "Apportioned Cost" answers to 2 decimal places. Appraised Value Percent of Total Appraised Value * Total Cost of Acquisition = Apportioned Cost Land $ 216,000 Land improvements Building Totals $ 216,000 $ < Required 1 0% 0.00 Required 2 >