Following information is available:

Balance of P and L Appropriation A/c on 1st April 1999 3,20,000 Balance of P and L Appropriation A/c on 1st March 2000 7,20,000 You are further informed that following adjustments and appropriations were made during the year:

(i) Depreciation written off on Plant and Machinery at 20%. Total cost of Plant and machinery was Rs. 1,00,000.

(ii) Loss in sale of fixed assets Rs. 20,000.

(iii) Preliminary Expenses appeared in the books at Rs. 50,000; out of which 1/5th were written off this year

(iv) Investments costing Rs. 20,000 were sold for Rs. 28,000.

(v) Provision for Taxation Rs. 30,000 and proposed Dividend Rs. 20,000.

(vi) Transfer to Sinking Fund Rs. 18,000.

(vii) Net profit for the year writing off, preliminary expenses and provision for taxation is Rs. 4, 38,000.

Calculate funds from operations.