Rodriguez Company pays $394,875 for real estate with land, land improvements, and a building. Land is appraised at $211,500, land Improvements are appraised at $94,000; 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 Alocate the total cost among the three assets. (Round your "Apportioned Cost answers to 2 decimal places.) Appraised Value Porcent of Total Appraised Value * Total Cost of Acquisition Apportioned Cost Land Land improvements Totai) Journal entry worksheet A > Record the costs of lump-sum purchase. Note: Enter debits before credits. Transaction General Journal Debit Credit 1