Fitbit, Inc., reported the followeing information for the nine-month period ended October1, 2016.

$ Accounts Payable Accounts Receivable Advertising Expense Cash (January 1, 2016) Cash (October 1, 2016) Common Stock Equipment Office Expenses $ 519,400 461,300 79.800 664,400 672,100 830,700 255,400 113,900 Income Tax Expense Interest Expense Inventories Notes Payable Operating Expenses Retained Earnings (January 1, 2016) Sales Revenue Supplies 18,300 2,600 215,000 53,700 263,100 260,300 503,800 86,400 Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 39,400 66,800 488,700 523,700 100 Required: Prepare the four basic financial statements for the nine months ended October 1, 2016. TIP: Prepare the four statements in the following order: (1) income statement, (2) statement of retained earnings, (3) balance sheet, (4) statement of cash CP1-4 Evaluating Financial Statements Refer to CP1-3. LO 1-3 Fitbit, Inc. Required: 1. Did Fitbit rely more on creditors or stockholders for its financing at October 1, 2016? What is your information source? 2. Was the stockholders' equity at October 1, 2016, comprised more of contributions made by stockholders directly to the company or amounts earned and retained through profitable business operations? What is your information source