Rodriguez Company pays $373,815 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 1 Required 2 Allocate the total cost among the three assets. Note: Round your "Apportioned Cost" answers to 2 decimal places. Land Land improvements Building Totals Appraised Value Percent of Total Appraised Value x Total Cost of Acquisition

Rodriguez Company pays $373,815 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. Allocate the total cost among the three assets. Note: Round your "Apportioned Cost" answers to 2 decimal places. Rodriguez Company pays $373,815 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 joumal entry to record the purchose. Complete this question by entering your answers in the tabs below. Prepsre the joumal entry to record the purchase: Notel Round your answers to 2 decimal places. Journal entry worksheet Note: Eneef debrts before eredits