1 AEREN FOUNDATION'S Maharashtra Govt. F-11724 AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL NAME : (NAME TO APPEAR ON THE CERTIFICATE) REF NO...

DIC Ltd. provides the following data:Comparative trial balanceMarch 31 year 2 March 31 year 1 Increase(Decrease)Debit Balance 20 10 10Cash Rs.190 Rs. 90 Rs.100Working capital (other than cash) 100 200 (100)Investment (Long term) 500 400 100Building and equipment 40 50 (10)Total 850 750 100CreditAccumulated Depreciation 200 160 40Bonds 150 100 50Reserves 350 350 ---Equity Shares 150 140 103Total 850 750 100Income StatementFor the period ending March 31, year 2(Amount in Rs lakh)Sales Rs.1000Cost of Goods Sold 500Selling Expense Rs.50Administrative Expenses 50 100Operating Income 400Other chargesGain on sale of building and equipment Rs 5Loss on sale of investments (10)Interest (6)Taxes (189) (200)Net Income after taxes 200Notes: (a) The depreciation charged for the year was Rs.60 Lakh(b) The Book value of the building and equipment disposed was Rs 10 Lakh(c)Prepare a Cash Flow Statement (Based on AS-3)