Problem 1-8 Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $19.000 and has cash on hand of $30.000 contributed by Lanni's owners. Lanni takes out a bank loan. It receives $30,000 in cash and signs a note promising to pay back the loan over 3 years a-1. Prepare the balance sheet just after it gets the bank loan. $ Assets Cash Computers Total ences Liabilities & Shareholders' Equity 60,000 Bank loan $ 30.000 10,000 Shareholders' equity 60.000 79,000 Total $ 90,000 $ 0-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.) a-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 0.24 b-1. Prepare the balance sheet after Lanni spends the $60,000 to develop its software product Assets Software product Computers Total Liabilities & Shareholders' Equity Bank loan Shareholders' equity Total 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 1,850 shares for $35 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 payment in the form of 1,850 shares for $35 per share. Prepare the balance sheet after Lanni accepts the payment of s 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