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Account Balance $ 20,800 67,600 58,800 149, 280 62,800 3,480 4,000 29, 200 Account Description Accounts payable Accounts receivable Accumulated amortization, patent Accumulated depreciation, equipment

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Account Balance $ 20,800 67,600 58,800 149, 280 62,800 3,480 4,000 29, 200 Account Description Accounts payable Accounts receivable Accumulated amortization, patent Accumulated depreciation, equipment Accumulated depreciation, vehicles Advertising payable Allowance for doubtful accounts Cash Common shares, 100,000 shares authorized; 25,880 shares were issued at an average price of $10.00; market price per share on March 31, 2020, was $11.20 Equipment Income tax payable Notes payable" Patent Prepaid rent Retained earnings Unearned revenues Vehicles 472,800 55,600 148,000 115,600 55,600 28,000 82.000 "Assume that all accounts have normal balances $64,000 of the notes payable will be paid by March 31, 2021. WS Required: Using the information from the alphabetized post-closing trial balance above, prepare a classified balance sheet for Sassy Pharmaceuticals Inc. as at March 31, 2020. (Enter all amounts as positive values. Enter the balance sheet items in the order of liquidity) SASSY PHARMACEUTCALS INC Balance Sheet March 31, 2020 Assets Current assets 0 Total current assets Property, plant equipment 0 Total property plant and equipment Intangible assets Total property, plant and equipment Intangible assets 0 Total assets 5 Liabilities Current liabilities 5 0 Total current liabilities Non Current liabilities 0 Total liabilities Equity Contributed capital Total equity Tntallaties and antil Analysis Component: 1. What percentage of the assets is financed by debt? (Round the final answer to 2 decimal places.) Assel financed by deht 2. What percentage of the assets is financed by equity? (Round the final answer to 2 decimal places.) % Asset financed by equity

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