Statement of Members' Equity, Admitting New Member The statement of members' equity for Bonanza, LLC, follows: Bonanza, LLC Statement of Members' Equity For the Years Ended December 31, 20Y3 and 2014 Idaho. Properties, Silver Streams, LLC, Member LLC, Member Thomas Dunn, Total Members' Member Equity Equity Equity Equity Members' equity, January 1, 2013 $273,000 $307,000 $580,000 Net income 57,000 133,000 190,000 Members' equity, December 31, 2013 $330,000 $440,000 $770,000 Dunn contribution, January 1, 2014 3,000 7,000 $220,000 230,000 Net income: 62,500 137,500 50,000 250,000 Member withdrawals (32,000) (48,000) (40,000) (120,000) Members' equity, December 31, 2014 $363,500 $536,500 $230,000 $1,130,000 a. What was the income-sharing ratio in 20Y3? Enter the percentage per member and then select the ratio. Idaho Properties, LLC Silver Streams, LLC Ratio % % b. What was the income-sharing ratio in 20Y4? Enter the percentage per member and then select the ratio. Idaho Properties, LLC Silver Streams, LLC Thomas Dunn Ratio: % % % Equity Equity Equity Members' equity, January 1, 2013 $273,000 $307,000 $580,000 Net income 57,000 133,000 190,000 Members' equity, December 31, 2013 $330,000 $440,000 $770,000 Dunn contribution, January 1, 2014 3,000 7,000 $220,000 230,000 Net income 62,500 137,500 50,000 250,000 Member withdrawals (32,000) (48,000) (40,000) (120,000) Members' equity, December 31, 2014 $363,500 $536,500 $230,000 $1,130,000 a. What was the income-sharing ratio in 2013? Enter the percentage per member and then select the ratio. Idabo Properties, LLC Silver Streams, LLC < Ratio % b. What was the income-sharing ratio in 2014? Enter the percentage per member and then select the ratio Idaho Properties, LLC Silver Streams, LLC Thomas Dunn Ratio % c. How much cash did Thomas Dunn contribute to Bonanza, LLC, for his interest? d. Why do the member equity accounts of Idaho Properties, LLC, and Silver Streams, LLC, have positive entries for Thomas Dunn's contribution? The positive entries to Idaho Properties and Silver Streams are the result of e. What percentage interest of Bonanza did Thomas Dunn acquire? % f. Why are withdrawals less than net income? Withdrawals will be less when the members wish to Thomas Dunn. capital in the business to business growth