From the following Balance sheet and Income Statement of Himgiri Ltd., complete the Cash flow statement for the accounting year 2020.

Balance sheet				Income Statement for 2020
Particulars	2019 ()	2020 ()		Particulars	Amt ()
Common Stock	50,000	1,50,000		Sales	1,00,000
Retained Earnings	1,00,000	1,20,000		COGS	15,000
loan @10% interest p.a.	81530	81530		Salary	15,000
Accounts Payables	20,000	30,000		Rent	12,000
Salary Payable	0	10,000		Interest	8153
TOTAL	251530	391530		Depreciation	11530
Cash	41530	71530		Tax	13,500
Accounts Receivables	70,000	80,000		PAT/Net Income	??
Inventory	40,000	50,000
Net Fixed Assets	1,00,000	1,90,000
TOTAL	251530	391530

Q11	What is the Net Income of Himgiri Ltd for the year 2020?
Q12	In arriving at Cash Flow from Operating Activities using Indirect Method, what amount of non-cash expense(s) are to be added back to the Net Income?
Q13	In arriving at Cash Flow from Operating Activities using Indirect Method, what amount of non-operating expense(s) are to be added back to the Net Income?
Q14	What is the Cash flow from operating activities of Himgiri Ltd for the year 2020?
Q15	What is Cash flow from investing activities of Himgiri Ltd for the year 2020?
Q16	What is the Interest paid by Himgiri Ltd during the year 2020?
Q17	What is the Dividend paid by Himgiri Ltd during the year 2020?
Q18	What is the Cash flow from financing activities of Himgiri Ltd for the year 2020?
Q19	Analyze the year 2020 Cash Flow Statement of Himgiri Ltd. At what stage of business life cycle is Himgiri Ltd. Support your answer with suitable arguments.