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Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2020. Assume that the preferred shares are non-cumulative. Accounts Payable Accounts

Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2020. Assume that the preferred shares are non-cumulative. Accounts Payable Accounts Receivable. Accumulated depreciation, Equipment Accumulated depreciation, Warehouse Cash Cash Dividends $ 24,860 38,300 10,190 20,380 7,500 18,700 Common Shares 103,000 Equipment 77,500 Income Tax Expense 39,700 Land 108,600 Notes Payable, due in 2023 32,700 Operating Expenses 108,300 Preferred Shares 38,300 Retained Earnings 26,820 Revenue Warehouse 262,150 119,000 Required: Prepare a classified balance sheet at December 31, 2020. (Enter all amounts as positive values.) SPICER INC. Balance Sheet December 31 2020 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets Current liabilities Non Current liabilities Balance Sheet December 31, 2020 Assets $ 0 0 $ 0 Liabilities ook Total property, plant and equipment Total assets Current liabilities Non Current liabilities int rences Total liabilities i 0 $ 0 Liabilities S 0 Equity Contributed Capital Total contributed capital Total equity Total liabilities and equity $ 0 $ 0 0 Book Print erences 1. What percentage of the total assets is owned by the shareholders? (Round your final answer to the nearest whole percent.) Percentage total assets 2. What percentage of Spicer Inc. is equity financed? (Round your final answer to the nearest whole percent.) Percentage of equity financed 3. What percentage of Spicer Inc. is financed by debt? (Round your final answer to the nearest whole percent.) Percentage of financed by debt 4. What percentage of the total assets is owned by the common shareholders? (Round your final answer to the nearest whole percent.) Percentage the total assets % 5. What percentage of the assets is financed by the preferred shareholders? (Round your final answer to the nearest whole percent.) Percentage the assets %

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