THIS IS ALL THE INFORMATION GIVEN TO DETERMINE THE SOLUTIONS:

The following are two years of income statements and balance sheets for the Munich Exports Corporation.

MUNICH EXPORTS CORPORATION
BALANCE SHEET	2009	2010
Cash	$ 50,000	$ 50,000
Accounts Receivable	200,000	300,000
Inventories	450,000	570,000
Total Current Assets	700,000	920,000
Fixed Assets, net	300,000	380,000
Total Assets	1,000,000	1,300,000
Accounts Payable	130,000	180,000
Accruals	50,000	70,000
Bank Loan	90,000	90,000
Total Current Liabilities	270,000	340,000
Long-Term Debt	400,000	550,000
Common Stock ($0.05 par)	50,000	50,000
Additional Paid-In-Capital	200,000	200,000
Retained Earnings	80,000	160,000
Total Liabilities and Equity	1,000,000	1,300,000
Income Statement
Net Sales	1,300,000	1,600,000
Cost of Goods Sold	780,000	960,000
Gross Profit	520,000	640,000
Marketing	130,000	160,000
General and Administrative	150,000	150,000
Depreciation	40,000	55,000
EBIT	200,000	275,000
Interest	45,000	55,000
Earnings Before Taxes	155,000	220,000
Income Taxes (40% Rate)	62,000	88,000
Net Income	93,000	132,000

NEED THE SOULTIONS FOR:

a. Calculate the cash build, cash burn, and net cash burn or build for Munich Exports in 2010

b. Assume that 2011 will be a repeat of 2010. If your answer in Part A resulted in a net cash burn position, calculate the net cash burn monthly rate and indicate the number of months remaining until out of cash. If you answer in Part A resulted in a net cash build position, calculate the net cash build monthly rate and indicate the expected cash balance at the end of 2011.