Complete the model and state the cash balance required to balance the balance sheet in Year 1.

	Assumptions	year 0	Year 1
	Inventories % net income		0.8
	Long term debt increase / (decrease)		4.0
	Income statement	Year 0	Year 1
	Net income	16.0	10.0
	Balance sheet	Year 0	Year 1
	Cash	12.0
	Inventories	12.0
	Total assets	24.0
	Long term debt	10.0
	Equity	14.0
	Total liabilities and equity	24.0
	Balance check	0.0