Question $5$

Presented below is information $($in Rs$)$ for $2023$ and $2022$ related to the operations of Zyr Electronics.

As at March $31$ For the year ending $31$st March $2023$

$20232022$ Sales Revenue $2,98,000$

Cash $32,40026,500$ Cost of goods sold $1,45,000$

Accounts receivable $26,80023,200$ Depreciation &Amort. expense $8,600$

Inventory $27,50034,000$ Other operating expenses $1,14,000$

Prepaid expenses $2,1002,900$ Gains on sale of equipment $1400$

Accounts payable $32,40046,500$ Income tax expense $9,800$

Wages payable $11,0009,000$ Net income $22,000$

Prepaid expenses pertain to operating expenses; accounts payable is only used for merchandise purchases.

Compute cash flows from operations $($as per IND AS$)$ for the year $2023,$ using the indirect method.