Spicer Inc. showed the following alphabetized list of adjusted account balances at December 31, 2017. Assume that the preferred shares are non-cumulative.

Accounts Payable	25,160
Accounts Receivable	38,600
Accumulated depreciation, Equipment	10,340
Accumulated depreciation, Warehouse	20,680
Cash	7,800
Cash Dividends	19,000
Common Shares	106,000
Equipment	77,800
Income Tax Expense	40,000
Land	111,600
Notes Payable, due in 2020	33,000
Operating Expenses	108,600
Preferred Shares	38,600
Retained Earnings	27,120
Revenue	265,300
Warehouse	122,800

Required: 1. Prepare a classified balance sheet at December 31, 2017. (Enter all amounts as positive values.)

a. What percentage of the total assets is owned by the shareholders? (Round your final answer to the nearest whole percent.)

b. What percentage of Spicer Inc. is equity financed? (Round your final answer to the nearest whole percent.)

c. What percentage of Spicer Inc. is financed by debt? (Round your final answer to the nearest whole percent.)

d. What percentage of the total assets is owned by the common shareholders? (Round your final answer to the nearest whole percent.)

e. What percentage of the assets is financed by the preferred shareholders? (Round your final answer to the nearest whole percent.)