Rodriguez Company pays $384,345 for real estate with land, land improvements, and a building. Land is appraised at $207,000; land improvements are appraised at $69,000; 'and the building is appraised at $184,000. 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 x Total Cost of Acquisition = Apportioned Cost 384,345 $ 207.000 69,000 15% x 384,345 Land Land improvements Building Totals x 384,345 184.000 460,000 $ 0.00 $ 15% Required 2 > Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet A Record the costs of lump-sum purchase. Note: Enter debits before credits, Debit Credit General Journal Transaction Land Land improvements Building Cash 384,345.00