From the information given below by Palpal Enterprises, you are required to prepare a Cash Flow Statement for the year ended 21.02.2020 Balance Sheet ( Rs in lakhs) Liabilities 2019 2020 Assets 2019 2020 Equity Share Capital 6000 8000 Fixed Asset 7840 12204 Reserves 6520 16804 Less depreciation 4240 6800 Debentures 4160 4440 Book Value 2400 6404 Creditors 7680 Investment 10000 10000 Interest payable 400 920 Inventories 2600 Provision for tax 4000 1600 Trade Debtors 4800 8900 Cash and Bank 100 840 Short term Investment 640 2620 Interest receivable - 400 Total 26840 20264 Total 26640 20264 Profit and Loss Account for the year ended 21 March 2020 ( Rs in lakhs) Particulars Amount Sales 122800 Interest Income 2400 Dividend Income 1600 Insurance claim far loss of stack 720 Total Revenue 127320 Expenses: Cost of goods sold 104000 Depreciation 1800 Interest 1800 Advertisement 3840 Administrative Expense 160 Total Expense 101200 Profit before tax 18120 Income tox provision 4830 Profit after tax 11284 Additional Information I.Plant having a cost Rs 320 lakhs and accumulated depreciation of 240 lakhs was sold for Rs 80 lakhs. 2.Debentures of Rs 720 lakhs are redeemed during the year