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Rodriguez Company pays $352,755 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land improvements are appraised at $81,000,

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Rodriguez Company pays $352,755 for real estate with land, land improvements, and a building. Land is appraised at $216,000; land improvements are appraised at $81,000, and a building is appraised at $243,000. Required: 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 Percent of Total Appraised x Total Cost of Value Acquisition Value = Apportioned Cost Land Land improvements Building Totals Required 1 Required 2 Prepare the journal entry to record the purchase. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the costs of lump-sum purchase. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal

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