Using the information in Table 1 below, calculate Beyond Meat's cash burn rate (the amount of cash Beyond Meat used each day) in 2021. Beyond Meat's cash burn rate was in 2021. Use a standard number of days -- 365 per year, 90 per quarter. Beyond Meats (S in thousands except market value of equity) 2020 2021 10:22 Income Statement (Condensed) Revenues Cost of Goods Sold $332,226 $1,052,048 $917,297 135,780 327,351 377.213 $468,006 $1,379,399 $1,294,510 Gross Profit Operating Expenses EBIT (Loss) $88,967 $94,189 $100,991 11,942 1.152,715 1.152,538 $100,909 $1,246,904 $1,253,529 Net Interest Expense & Other (Income) Pretax Income (Loss) Taxes (Credit) Loss from equity method 6 6 560,210 510,014 519,681 -194,867 -376,972 -477,430 1.748 -553 -1.276 $367,097 $132,495 $40,981 Net Income from Continuing Operations Net Loss (Income) from redeemable non-controlling interests Net Income $468,012 $1,379,405 $1,294,516 Selected Cash Flow and Balance Sheet Figures Cash & Cash Equivalents Cash Generated (Used) By Operating Activities Capital Expenditures Cash Generated (Used) By Financing Activities Market Value of Equity O A. about $453K per day O B. about $826K per day O C. about $1.2 million per day O D. about $2.1 million per day Table 1: Beyond Meats Selected Financials 2020 $406,785 2021 $464,700 347.419 10:22 Balance Sheet (Condensed) $109,455 Current Assets 284,510 109,265 Long-Term Assets $190 Total Assets $122,275 $117,281 292,214 171,620 -$49,345 97,818 Current Liabilities -$97,628 Long-Term Liabilities -$174,933 Total Liabilities 2,576 -$52,680 72 -2149 -$99,777 Other -4135 -$179,068 60 2,977 -$182,105 All Paid-In Capital -$52,752 10 671 Retained Earnings (Accumulated Deficit) -$100,458 Accumulated Other (Loss) Income Total Equity -$52,752 -$182,105 -$100,458 Total Liabilities & Equity 2020 2021 10:22 $159,127 $733,294 $547,858 -$39,995 -$301,370 -$165,210 -57,696 -135,961 -21,548 331 -74,900 -147,479 $9,047,625,000 $2,435,000,000 $1,713,000,000