Use the following IS and balance sheets for ABC to calculate the annual cash burn rate for year 2006 The IS and BS remains the same tor all questions in thies quz s So, to avoid duplication of cakculations, write down calculations in your nolobook Remormber cash fixed assels do not include depreciation, which ts a non cash exponse Capital exponditures are calculated as (1) didlerence in gross foxed assets or change in net foxed assets plurs depreciation expense (from iS) Income Statement Ending Dec. 31st $1,800,000 3,009,000 coas Gross Prot Marketing Expenses eneral Administrative (G&AExpenses 500 000 80.000 Depreciation expense EBIT 120,000 90,000 130,000 200.000 50 000 50,000 Taxes 130.000 Dividends 0,000 Chck Save and Submit to save and subwmit. Ciek Save All Ansvers to saze all anscers Save All Arnswers 6 46