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2. [6 points] Fill in the blanks for the following case study: Vickie opened her engineering consulting firm on 11/1/2019. She determined that she needed

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2. [6 points] Fill in the blanks for the following case study: Vickie opened her engineering consulting firm on 11/1/2019. She determined that she needed $90,000 to get up and running, so she used money from her own savings and borrowed money from a bank and a private investor, her father. Start-up costsher lease, professional fees, software licenses, office furniture, computers for her office, inventory, and equipmentwere $15,000. She put the remaining $75,000 in the bank as a safety net for the early months when sales and revenue might be shaky. So, her initial cash position was $ During the first year, Cavid hit but Vickie still collected $80,000 from providing consulting services. She also had expenses of $45,000 (she took a very small salary that first year). So how much cash did she generate from her services? What was her cash flow? She never touched her initial cash reserves, so at the end of year 1, she had a total cash position of $_ In her second year, she received $120,000 in cash from her services and spent $70,000 in operating her business, so she generated $ in cash flow. She signed a one-year lease for $1000/month for her office. During the Cavid lock down, she realized many parameters impacting her cash flow changed. Which parameters she can change and how to improve her cash flow

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