Calculate Cash Flow from Operating Activities from the following information: INCOME STATEMENT (STATEMENT OF PROFIT AND LOSS) for the year ended 31st March, 2019 Particulars Note No. (₹) I. Revenue from Operations (Sales) 5,98,000 II. Other Income 1 19,500 III. Total Revnue (I + II) 6,17,500 IV. Expenses; Cost of Materials Consumed 4,00,000 Change in Inventories of Finished Goods and Work-in-Progress 2 15,000 Employee Benefit Expenses 1,05,000 Depreciation and Amortisation Expenses 15,000 Other Expenses 3 20,000 Total Expenses 5,55,000 V. Profit before Tax (III − IV) 62,500 VI. Tax 30% 18,750 VII. Profit after Tax (V − VI) 43,750 Notes to Accounts Particulars ₹ 1. Other Income Rent 15,000 Gain (Profit) on Sale of Machinery 2,500 Interest on Debentures held as Investments 2,000 19,500 Changes in Inventories of Finished Goods and Work-in-Progress (a) Finished Goods Opening Inventories 37,500 Less: Closing Inventories 25,000 Sub-Total 12,500 (b) Work-in-Progress Opening Inventories 22,500 Less: Closing Inventories 20,000 Sub-Total 2,500 Total (a + b) 15,000 2. Other Expenses Office Expenses 12,500 Selling Expenses 6,000 Loss on Sale of Furniture 1,500 20,000 Current Assets and Current Liabilities As on 31st March, 2019 (₹) As on 1st April, 2018 (₹) Trade Receivables 25,000 20,000 Trade Payables 32,500 35,000 Outstanding Expenses 8,000 5,000 Prepaid Expenses 5,000 3,500