Note: use INDIRECT METHOD and provide cash flow statement in correct format.

With the help of the following comparative balance sheet, income statement and additional information of Reliance Company, you are required to prepare Cash flow statement of Reliance company for the year ended March 31st2020. 1. During the year 2019-20, long-term investments worth of Rs 40,000 are purchased by paying cash. 2. During the year 2019-20, equipment with a net book value of Rs 6,000 is sold at cost