Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $45,000 and has cash on hand of $25,000 contributed by Lanni's owners. Lanni takes out a bank loan. It receives $70,000 in cash and signs a note promising to pay back the loan over three years. Lanni uses the cash from the bank plus $25,000 of its own funds to finance the development of new financial planning software. 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 12,000 shares of Microsoft stock. O Lanni sells the shares of stock for $12.5 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. Assets Cash $ Liabilities & Shareholders' Equity Bank loan Shareholders' equity Computers Total $ Total a-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place.) Ratio of real to total assets b-9. Prepare the balance sheet after Lanni spends the $95,000 to develop its software product. Liabilities & Shareholders' Equity Assets Software product Computers $ Bank loan Shareholders' equity Total $ Total ta b-2. What is the ratio of real assets to total assets? Ratio of real to total assets C-1. Prepare the balance sheet after Lanni accepts the payment of shares from Microsoft. Liabilities & Shareholders' Equity Assets Microsoft shares $ Bank loan Computers Shareholders' equity 001 Total tA Total ta c-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place.) Ratio of real to total assets