Please explain

Chaibasa Mines (CM) is into the business of iron ore mining and has been supplying iron ore to Electrosteel Ltd. (ESL), a small steel manufacturer, usually on credit. The steel industry had been in financial stress til June 2020, due economic slowdown in the preceding two years and substitution of local products with cheap import. ESL was also unable to pay its suppliers on time. The below table contains payments which ESL owes to CM Unpaid Amount Due Date Rs. 24.76,3020 31 Oct 2016 Rs. 40,45,3320 31 Dec 2018 Rs. 45,42,2275 30 Jun 2019 Rs. 18 23.0910 314 Mar 2020 Rs. 26.23,0000 31" Oct 2020 Since 03 - 2020, profitability of steel manufacturers has been increasing due to rise in steel prices, primarily due to demand push by infrastructure focussed government expenditures. It resulted in ease at ESL's financial front. Hence, it has sent a payment of Rs. 30,00,0000 on 30 October 2020, without any indication of appropriation of payment. Q1. Briefly explain the appropriation of the amount received by Chaibasa Mines. Maximum word limit - 100)