ABC Company reported the following information for the first quarter ended March 31, 2005:

EBIDTA for the first quarter -$600,000

Cash balance, 3/31/2005 $2,400,000

Based on the methodology in the article, Up In Smoke (Barrons July 19, 2000), the number of months that ABCs cash balance will burnout after March is (Hint: there is no need to adjust for two months as in the article since the period is counted from March 31, 2005):

A. 4 months

b. 12 months

c. 14.5 months

d. 48 months