For this year (2023), calculate cash build and cash burn (10 points), and the expected remaining months of the until out of cash period (10 points). Show your work. Just providing answers will get zero points. Balance Sheet Information

Balance Sheet Information

2022 2023

Cash $50,000 $60,000

Accounts Receivables 200,000 290,000

Inventories 450,000 550,000

Net Fixed Assets 300,000 380,000

Total Assets $1,000,000 $1,280,000

Accounts Payable 130,000 $150,000

Accruals 50,000 80,000

Income Statement 2023

Net Sales $1,500,000

Cost of Goods Sold 950,000

Gross Profit 550,000

Marketing Expenses 180,000

General & Admin Expenses 150,000

Depreciation 55,000

EBIT 165,000

Interest 75,000

Earnings Before Taxes 90,000

Income Taxes (40% rate) 36,000

Net Income $54,000