(Amortization of Good will): From the following calculate cash flows from operating activities. BALANCE SHEET (AN EXTRACT) Particulars I. EQUITY AND LIABILITIES Shareholders' Funds Reserve and Surplus II. ASSETS Non Current Assets Fixed Assets Intangible Assets NOTES TO ACCOUNTS Note No. 1: Reserves and Surplus Note No. 31.3.2015 $ 31.3.2014 $ 1 5,00,000 1,00,000 2 40,000 50,000 31.3.2015 $ 31.3.2014 $ 5,00,000 Surplus i.e., Balance in Statement of Profit and Loss 1,00,000 5,00,000 1,00,000 Note No. 2: Intangible Assets Goodwill 40,000 50,000 40,000 50,000