Rodriguez Company pays $384,345 for real estate with land, land improvements, and a building. Land is appraised at $220,000; land improvements are appraised at $88,000; and a building is appraised at $132,000 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 Required 2 Allocate the total cout among the three assets. (Round your "Apportioned Cort" answers to 2 decimal places) Appraised Value Percent of Total Appraised Value * Total Cost of Acquisition Apportioned Cost $ 45% Land Land improvements Building Totals 220,000 38.000 132,000 440,000 10% 45% 100% 384,345 384,345 354,345 5 S 0.00 Required 2 > Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places. View transaction list Journal entry worksheet