Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $31.000 and has cash on hand of $18,000 contributed by Lanni's owners Lanni takes out a bank loan. It receives $48,000 in cash and signs a note promising to pay back the loan over 3 years 0-1. Prepare the balance sheet just after it gets the bank loan. Assets Liabilities & Shareholders' Equity Cash $ 66,000 Bank loan 48,000 Computers 31,000 Shareholders' equity 49,000 Total $ 97,000 Total $ 97,000 3-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.) Ratio of real assets to total assets b-1. Prepare the balance sheet after Lanni spends the $66,000 to develop its software product Assets Software product Computers Total Liabilities & Shareholders' Equity Bank loan Shareholders' equity Total ices b-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.) Ratio of real assets to total assets c-1. Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name Lanni accepts payment in the form of 1,700 shares for $40 per share. Prepare the balance sheet after Lanni accepts the payment of shares from Microsoft. Assets Microsoft shares Computers Total Liabilities & Shareholders' Equity Bank loan Shareholders' equity Total c-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.) Ratio of real assets to total assets