Condensed financial data of Safari Company are shown below. SAFARI COMPANY Comparative Balance Sheets June 30 Assets Cash Accounts receivable Inventory Investments (current) Equipment Accumulated depreciation-equipment Total 2015 (Rs.) 1,027,000 608,000 1,269,000 795,000 3,150,000 (445,000) 6,404,000 2014 (Rs.) 334,000 370,000 1,026,500 1,070,000 2,050,000 (400,000) 4,450,500 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total 577,000 151,000 1,450,000 2,500,000 1,726,000 6,404,000 482,800 188,300 700,000 2,000,000 1,079,400 4,450,500 SAFARI COMPANY Income Statement For the Year Ended June 30, 2015 Sales revenue Gain on disposal of plant assets 2.975,000 50.000 3,025,000 Less: Cost of goods sold Operating expenses, excluding depreciation expense Depreciation expense Income tax expense Interest expense 994,600 196,700 305,000 372,700 29.400 Net income 1.126,600 Additional information: 1. New equipment costing Rs. 1,460,000 was purchased for cash during the year. 2. Investments were sold at cost. 3. Equipment costing Rs. 360,000 was sold for Rs. 150,000, resulting in a gain of Rs. 50,000. 4. A cash dividend of Rs. 480,000 was declared and paid during the year. Required: Prepare a statement of cash flows using the indirect method