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following are the balance sheet of vel bros ltd as on 3 1 . 3 . 2 0 0 7 and 2 0 0 8

following are the balance sheet of vel bros ltd as on 31.3.2007 and 2008
\table[[liability,2007,2008,asset,2007,2008],[share capital,4000,5000,Fixed asset,3000,2500],[profit and loss,300,320,\table[[accumulated],[depriciation]],1100,1500],[debentures,600,700,debtors,2000,2400],[Creditors,1700,1400,prepaid expense,30,50],[provision for tax,300,420,\table[[preliminary],[expenses]],500,300],[proposed dividend,500,580,cash,120,350],[bank overdrafts,1250,680,stock,3000,3500],[total,8650,9100,total,8650,9100],[\table[[additional],[information]],,,,,]]
tax paid during the year end at 31.3.2008 Rs 350
dividend proposed during the year ended 31.3.2008 Rs.400
fixed asset costing rs 700 accumulated depreciation there on 300 where sold at book value
prepare cashflow statement
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