Rodriguez Company pays $$405,405$ for real estate with land. land improvements, and a building. Land is appraised at $$198,000$; land improvements are appraised at $$66,000$; and the building is appraised at $$176,000.$

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.

Note: Round your "Apportioned Cost" answers to $2$ decimal places.

$\backslash$table$[[,\backslash$table$[[$Appraised$],[$Value$]],\backslash$table$[[$Percent of Total$],[$Appraised$],[$Value$]],\backslash$table$[[$ Total Cost of$],[$Acquisition$]],\backslash$table$[[=$Apportioned$],[$Cost$]]],[$Land$,,,,],[$Land improvements,,,,$],[$Suilding$,,,,],[$Totals$,,,,]]$