The following information is available from the books of Exclusive Ltd. for the year ended 31st March 2016: (a) Cash sales for the year were Rs.10,00,000 and sales on account Rs.12,00,000. (b) Payments on accounts payable for inventory totaled Rs.7,80,000. (c) Collection against accounts receivable were Rs.7,60,000. (d) Rent paid in cash Rs.2,20,000, outstanding rent being Rs.20,000. (e) 4,00,000 Equity shares of Rs.10 par value were issued for Rs.48,00,000. (f) Equipment was purchased for cash Rs.16,80,000. (g) Dividend amounting to Rs.10,00,000 was declared, but yet to be paid. (h) Rs.4,00,000 of dividends declared in the previous year were paid. (i) An equipment having a book value of Rs.1,60,000 was sold for Rs.2,40,000. (j) The cash account was increased by Rs.37,20,000. Prepare a cash flow statement using direct method.