Rodriguez Company pays $410,670 for real estate with land, land improvements, and a building. Land is appraised at $208,000; land improvements are appraised at $52,000; and the building is appraised at $260,000. 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 $ 208,000 Land improvements 52,000 Building 260,000 Totals $ 520,000 0% $