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Please answer a-2, c-1 & c-2. I will be sure to like! ...

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Finance

Please answer a-2, c-1 & c-2.
I will be sure to like!
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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 software. - Lanni selis the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 1,000 shares of Microsoft stock. - Lanni sells the shares of stock for $140 per share and uses part of the proceeds to pay off the bank loan. 1-2. What is the ratio of real assets to total assets? (Round your answer to 1 decimal place.) -1. Prepare the balance sheet after Lanni accepts the payment of shares from Microsoft. (x) Answer is complete but not entirely correct. c-2. What is the ratio of real assets to total assets? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct

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