lanni products is a start up computer software development firm. it currently owns computer equipment worth $30,000 and has cash on hanf of $20,000 contributed by lanni's owners.

- receives $50,000 in cash

- uses the cash from the bank plus $20,000

- 2000 shares of micosoft stock

- sells shares of stock for $70 per share

a. prepare balance sheet just after it gets the bank loan?

a2. what is the ratio of real assets to total assets?

b. prepare the balance sheet after lanni spends the $70,000 to develop its software product with the software valued at cost?

b2. what is the ratio of real assets to total assets?

c. prepare the balance sheet after lanni accepts the payment of shares from microsoft.

c2. what is the ratio of real assets to total assets?

Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed by Lanni's owners. - Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years. - Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning sottware. - Lanni sels the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 2,000 shares of Microsoft stock - Lanni selis the shares of stock for $70 per share and uses part of the proceeds to pay off the bank loan. a-1. Prepare its balance sheet just after it gets the bank loan. a-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place) b-1. Prepare the balance sheet after Lanni spends the $70,000 to devolop is software product, with the software valued at cont. b-2. What is the fatio of real assets to total assets? (Round your answer to 1 decimal place.) c-1. Prepare the balance sheet after Lanni accepts the payment of shares from Microsoft. c-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.)