CSUG Products is a start$-$up computer software development firm. It currently owns computer equipment worth $$50,000$ and has cash on hand of $$15,000$ contributed by CSUG's owners. For each of the following transactions, identify the real and$/$or financial assets that trade hands. Are any financial assets created or destroyed in the transaction?

CSUG takes out a bank loan. It receives $$25,000$ in cash and signs a note promising to pay back the loan over $5$ years.

CSUG uses the cash from the bank plus $$18,000$ of its own funds to finance the development of new financial planning software.

CSUG sells the software product to Microsoft, which will market it to the public under the Microsoft name. CSUG accepts payment in the form of $2,000$ shares of Microsoft stock.

CSUG sells the shares of stock for $$75$ per share and uses part of the proceeds to pay off the bank loan.

Prepare its balance sheet just after it gets the bank loan. What is the ratio of real assets to total assets?