Rodriguez Company pays $379,080 for real estate with land, land improvements, and a building Land is appraised at $260,000, and Improvements are appraised at $78,000, and the building is appraised at $182.000 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 Prepare the journal entry to record the purchase. (Round your answers to 2. decimal places View transactions Journal entry worksheet > . Record the costs of lump-sum purchase NA Detit Credit General Journal Transaction