4. Armaan Ltd. (a pharmaceutical company) appointed marketing expert, Mr. Karan as the CEO of the 3 company, with a target to penetrate their roots in the rural regions. Mr. Karan discussed the ways and means to achieve target of the company with financial, production and marketing departmental heads and asked the finance manager to prepare the budget. After reviewing the suggestions given by all the departmental heads, the finance manager proposed requirement of an additional fund of