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Rodriguez Company pays $379.080 for real estate with land, land improvements, and a building. Land is appraised at $229,500; land Improvements are appraised at $51,000,

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Rodriguez Company pays $379.080 for real estate with land, land improvements, and a building. Land is appraised at $229,500; land Improvements are appraised at $51,000, and a building is appraised at $229,500. Required: 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 Val x Total Cost of Acquisition = Apportioned Cost Land Land improvements Building Totals Required 1 Required 2 > Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction ist Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Record entry Clear entry View general Journal

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