Illustration: $3$

The summarized balance sheet of Bhadresh Ltd$.$ as on $31\mathrm{.}12\mathrm{.}05$ and $31\mathrm{.}12\mathrm{.}2006$ are as

follows:

Additional Details:

Investment costing Rs$.8,000$ were sold for Rs$.8,500$

Tax provision made during the year was Rs$.9,000$

During the year part of fixed assets costing Rs $10,000$ was sold for Rs $12,000$ and

the profit was included in $P$&$L\frac{A}{c}.$ You are required to prepare cash flow

statement for $2006.$