The Balance Sheet of Swaraj Limited at the end of year "n" (the year which is just over) is as follows: (Amount Rs. in millions) Amount ASSETS Amount LIABILITIES Share Capital 5.0 Fixed Assets 11.0 Reserves and Surplus 4.0 Investments 0.5 Secured Loans 4.0 Current Assets 11.5 Unsecured Loans 3.0 Cash 1.0 Current Liabilities 6.0 Receivables 4.0 Provisions 1.0 Inventories 6.5 Total 23.0 Total 23.0 The projected income statement and the distribution of earnings is given below: (Amount Rs. in millions) Particulars Amount Sales 25.0 Cost of Goods Sold 19.0 Depreciation 1.5 Profit before Interest and Tax 4.5 Interest 1.2 Profit Before Tax 3.3 Tax 1.8 Profit after tax 1.5 Dividends 1.0 Retained earnings 0.5 During the year n+1", the firm plans to raise a secured loan of Rs. 1 million, repay a previous term loan to the extent of Rs.0.5 million. Current Liabilities and Provisions would increase by 5%. Further the firm plans to acquire Fixed Assets worth Rs. 1.5 million and raise its Inventories by Rs. 0.5 million. Receivables are expected to increase by 5%. The level of cash would be the balancing amount in the Projected Balance Sheet. Given the above information, prepare the following for the year "n+1": 1) Projected Balance Sheet and Projected Cash Flow Statement (10 MARKS) 2) Also calculate the Maximum Permissible Bank Finance (MPBF) under Method 2 of the Tandon Committee recommendations. (10 MARKS)