From the following balance sheets of WWW Ltd, prepare cash flow statement and draw inferences:

Additional Information:

(i) ₹35,000 income tax was paid during the year 2008–09.

(ii) Depreciation of ₹10,000 and ₹20,000 have been charged on plant and machinery and on land and building, respectively for the year 2008–09.

(iii) A portion of building was sold at book value.

(iv) An interim dividend of ₹ 20,000 has been paid in the year 2008–09 along with ₹ 3,000 for corporate dividend tax thereon.

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Particulars Equity share capital 8% Preference Shares General Reserve Profit and Loss Account Proposed dividend Provision for corporate dividend tax Creditors Bills Payables Provision for tax 31-03-08 31-03-09 3,00,000 4,00,000 1,50,000 1,00,000 40,000 70,000 30,000 48,000 42,000 5,500 49,500 20,000 40,000 6,77,000 Particulars Goodwill Land and building Plant and machinery Debtors 50,000 Stock 8,300 74,700 16,000 50,000 8,17,000 Bills Receivables Cash in hand Cash at bank 31-03-08 1,15,000 2,00,000 80,000 1,60,000 77,000 20,000 15,000 10,000 6,77,000 31-03-09 90,000 1,70,000 2,00,000 2,00,000 1,09,000 30,000 10,000 8,000 8,17,000