Q4. The balance sheet of XYZ consumer products limited at the end of year n (the year which is just over) is as follows.( All figures are in lakhs)

Liabilities:		Assets :
Share capita	100	Fixed Assets	80
Reserve & Surplus	10	investments	20
Secured Loans	15	Current Assets	50
Unsecured Loans	10	Cash	20
Current Liabilities	10	Receivables	10
Provisions	5	Inventories	20

The projected income statement and the distribution of earning is given below :

Sales	80
Cost of goods Sold	50
Depreciation	5
Profit before interest and Tax	25
Interest	5
Profit before Tax	20
Tax	5
Proft after Tax	15
Dividend	5
retained Earnings	10

During the year n+1, the firm plans to raise a secured loan of Rs 20 lakhs . The company plans to repay unsecured loans by 5 lakhs. Current liability decreased by 5 lakhs and provisions are expected to remain unchanged. The company plans to sell fixed assets worth Rs 20 Lakhs and raise its inventories by 10 lakhs. Receivables to expect to increase by 10 lakhs. The firm plans to pay 05 lakhs by way of equity dividend . The level of cash would be balancing amount in the projected balance sheets given the above information, prepare the following

a)Projected Cash flow statement. b) Projected Balance sheet (8 Marks)