Rodriguez Company pays $400,140 for real estate with land, land improvements, and a building, Land is appraised at $260,000; land improvements are appraised at $52,000, and the building is appraised at $208,000. 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: 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 Total Cost of Acquisition - Apportioned Cost Land Land improvements Building Totals Required 2 > Journal entry worksheet