Rodriguez Company pays $394,875 for real estate with land, land improvements, and a building. Land is appraised at $193,500; land improvements are appraised at $64,500; and the building is appraised at $172,000. 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 Land Land improvements Building Totals Required 2 > Rodriguez Company pays $394,875 for real estate with land, land improvements, and a building. Land is appraised at $193,500; land improvements are appraised at $64,500, and the building is appraised at $172,000. 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 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 Transaction General Journal 1 View general journal Record entry Clear entry Rizio Company purchases a machine for $14,000, terms 2/10,n/60, FOB shipping point. Rizio paid within the discount period and took the $280 discount Transportation costs of $316 were paid by Rizio. The machine required mounting and power connections costing $968. Another $456 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the machine was damaged and $325 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. Amount Included in Cost of Equipment: Invoice price of machine Net purchase price Total cost to be recorded