Rodriguez Company pays $395,380 for real estate with land, land Improvements, and a building. Land is appraised at $157,040; land Improvements are appraised at $58,890; and the building is appraised at $176,670. 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. Land Land improvements Building Totals $ Appraised Value Percent of Total Total Cost of Appraised Value Acquisition = Apportioned Cost 0% $ 0 < Required 1 Required 2 > Rodriguez Company pays $395,380 for real estate with land, land Improvements, and a building. Land is appraised at $157,040; land Improvements are appraised at $58,890; and the building is appraised at $176,670. 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. View transaction list Journal entry worksheet < A Record the costs of lump-sum purchase. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 >