Stick flows Ltd has provided the following details: 2017 Rs Rs 2018 Non-current Assets PPE 700,000 Provision for depreciation (220,000) 480,000 830,000 (240,000) 590,000 Current Assets Closing inventory 80,000 Trade receivables 90,000 86,000 89,000 Cash on hand 5,000 8,000 175,000 183,000 Less: Current Liabilities Trade payables 60,000 64,000 Taxation 4,000 5,000 Proposed dividend 15,000 21,000 Net current assets 79,000 96,000 90,000 93,000 Less: 10% Debentures (100,000) (50,000) 476,000 633,000