Trent Boult founded Bolt Fasteners in 2017 and had the following financial statements.

1. What is the cash from Operating Activities for 2019?

2. What is the cash from Investing Activities for 2019?

3. What is the cash from Financing Activities for 2019

d. What is the net cash burn during 2019?

5. If 2020 is a repeat of 2019, how many months until the firm runs out of cash?

Trent Boult founded Bolt Fasteners in 2017 and had the following financial statements. Income Statement Net Sales Cost of Goods Sold Gross Profit Marketing General & Administrative Depreciation EBIT Interest Earnings Before Taxes Income Taxes Net Income (Loss) 2018 2019 $1,300,000 $1,625,000 780,000 975,000 520,000 650,000 130,000 162,500 150,000 150,000 40,000 50,000 200,000 287,500 45,000 56,250 155,000 231,250 62,000 92,500 93,000 138,750 Balance Sheet Cash Accounts Receivables Inventories Total Current Assets Net Fixed Assets Total Assets 2018 $50,000 200,000 450,000 700,000 300,000 1,000,000 2019 $62,500 250,000 562,500 875,000 375,000 1,250,000 Accounts Payable Accruals Bank Loan Total Curent Liabilities Long-Term Debt Common Stock ($.05 par) Additional Paid-in-Capital Retained Earnings Total Liab. & Equity 130,000 50,000 90,000 270,000 400,000 50,000 200,000 80,000 820,000 162,500 62,500 90,000 315,000 525,000 50,000 200,000 160,000 1,025,000 Construct a cash flow statement and answer the following for 2019:4