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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;

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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. Nlocate the total cost among the three assets

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