Rodriguez Company pays $389,610 for real estate with land, land improvements, and a building. Land is appraised at $235,000; land Improvements are appraised at $70,500, and the building is appraised at $164,500. 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 Total Cost of Acquisition -Apportioned Cost Land Land improvements Building Totals