There is a wealth of information given in the case. You will need to incorporate the following assumptions to round out the information given. For example, what is bought in January is used in February.
Inventory is paid for in the month following purchase .
Expenses are paid as incurred. Assume that interest is accrued monthly and paid quarterly on the first day of the next quarter. Assume the start-up date for the business is January 1. They require interpretation and understanding. Additional credit will be awarded for things like the items below, based on thoroughness, creativity, and quantitative accuracy.