Rodriguez Company pays $394,875 for real estate with land, land improvements, and a building. Land is appraised at $184,500; land Improvements are appraised at $41,000; and the building is appraised at $184,500. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Answer is not complete. 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 Total Cost of "Apportioned Cost Value Acquisition Land Land $ 184,500 15% x304,875 O improvements 41,000 40% 304,875 Building 184,500 45% 394,875 Totals $ 410,000 100% $ 0.00 Required 1 Required 2 >