From the following balance sheets of Mohit Industries, make out schedule of changes in Working Capital and Funds Flow statement for the year ending 1998:

Liabilities 2007 2008 Assets 2007 2008 Rs. Rs. Rs. Rs.

Equity Share Capital 3,00,000 4,00,000 Goodwill 1,15,000 90,000 12% Debentures 1,50,000 1,00,000 Land & Building 2,00,000 1,70,000 Share Premium A/c 6,000 8,000 Plant 80,000 2,00,000 General Reserve 76,000 1,12,000 Current Assets 2,82,000 3,57,000 Profit & Loss A/c 30,000 48,000 Current Liabilities 1,15,000 1,49,000 _______ _______ 6,77,000 8,17,000 6,77,000 8,17,000

(i) Depreciation on plant Rs. 20,000.

(ii) Gain on sale of land Rs. 20,000.