Use Castillo Products Company's complete income statement data and the changes in balance sheet items between 2018 and 2019 to determine the firm's cash build and cash burn for 2019. Did the firm have net cash burn or net cash build for 20197 Enter the amount in the box below. (Sample Answer Format $100,000 cash build. For cash burn, do not enter a negative sign. Just enter the dollar amount with dollar sign and comma, space, cash burn). The Castillo Products Company was started in 2017. The company manufactures components for personal decision assistant (PDA) products and for other hand held electronic products. A difficult operating year 2018 was followed by a profitable 2019. However, the founders (Cindy and Rob Castillo) are still concerned about the venture's liquidity position and the amount of cash being used to operate the firm. Following are income statements and balance sheets for the Castillo Products Company for 2018 and 2019. (format your response like this: $120,000.00 cashburn) CASTILLO PRODUCTS COMPANY Income Statement 2018 2019 Net Sales Cost of Goods Sold $900,000 540,000 $1,500,000 900.000 600,000 Gross Profit 360.000 Marketing General & Administrative 90.000 250.000 150,000 250.000 Depreciation 40.000 40.000 EBIT -20,000 160,000 REM in Interest 45,000 60,000 Earnings Before Taxes -65,000 100,000 Income Taxes 0 25,000 Net Income (Loss) $65,000 $75,000 Balance Sheet 2018 2019 Cash $50.000 $20,000 Accounts Receivables 200,000 280,000 Inventories 400.000 500.000 Total Current Assets 650,000 800,000 Gross Fixed Assets 450,000 540,000 -100,000 -140,000 Accum. Depreciation Net Fixed Assets 350.000 400.000 $1,200,000 Total Assets $1,000,000 $130,000 $160,000 Accounts Payable Accruals 50,000 70,000 Bank Loan 90.000 100,000 330.000 Total Current Liabilities 270,000 Long-Term Debt 300.000 Common Stock (5.05 par) 150,000 400.000 150,000 Total Current Assets 650,000 800,000 Gross Fixed Assets 450,000 540,000 Accum. Depreciation -100,000 -140,000 Net Fixed Assets 350,000 400,000 Total Assets $1,000,000 $1,200,000 Accounts Payable $130,000 $160,000 Accruals 50,000 70,000 Bank Loan 90,000 100,000 Total Current Liabilities 270,000 330,000 Long-Term Debt 300,000 400,000 Common Stock ($.05 par) 150,000 150,000 Additional Paid-in-Capital 200.000 200,000 Retained Earnings 80,000 120,000 Total Liab. & Equity $1,000,000 $1,200,000