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Spicer Inc. showed the following alphabetized list of adjusted account balances at December 3 1 , 2 0 2 3 . Assume that the preferred

Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31,2023. Assume that the preferred shares are non-cumulative.
Accounts Payable $ 25,660
Accounts Receivable 39,100
Accumulated depreciation, Equipment 10,590
Accumulated depreciation, Warehouse 21,180
Cash 8,300
Cash Dividends 19,500
Common Shares 111,000
Equipment 78,300
Income Tax Expense 40,500
Land 116,600
Notes Payable, due in 202633,500
Operating Expenses 109,100
Preferred Shares 39,100
Retained Earnings 27,620
Revenue 270,550
Warehouse 127,800
Required:
Prepare a classified balance sheet at December 31,2023.(Enter all amounts as positive values.)
1. What percentage of the total assets is owned by the shareholders? (Round your final answer to the nearest whole percent.)
2. What percentage of Spicer Inc. is equity financed? (Round your final answer to the nearest whole percent.)
3. What percentage of Spicer Inc. is financed by debt? (Round your final answer to the nearest whole percent.)
4. What percentage of the total assets is owned by the common shareholders? (Round your final answer to the nearest whole percent.)
5. What percentage of the assets is financed by the preferred shareholders? (Round your final answer to the nearest whole percent.)

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