Following was the Balance Sheet of Bajaj Ltd. as on 31st March, 2021:
Balance Sheet as on 31t March, 2021
|I Equity and Liabilities:|
|(a) Share Capital||19,00,000||17,00,000|
|(b) Reserves and Surplus||1||6,00,000||3,00,000|
|2. Non-Current Liabilities|
|12% Long-term Borrowings||5,00,000||4,00,000|
|3. Current Liabilities|
|(a) Short-term Borrowings||2||1,70,000||1,75,000|
|(b) Short-term Provisions||3||2,00,000||1,65,000|
|II Assets :|
|1. Non-Current Assets|
|(a) Fixed Assets|
|(i) Tangible Assets||4||25,00,000||21,00,000|
|(ii) Intangible Assets||5||4,00,000||3,00,000|
|2. Current Assets|
|(a) Current Investments||1,40,000||1,70,000|
|(c) Cash and Cash Equivalents||70,000||40,000|
Notes to Accounts:
|1||Reserves and Surplus (Surplus i.e., Balance in the Statement of Profit and Loss)||6,00,000||3,00,000|
|Provision for Tax||2,00,000||1,65,000|
(i) A machine of the book value of ₹40,000 was sold for ₹50,000.
(ii) Depreciation charged on machinery during the year was ₹2,00,000.
(iii) ₹1,00,000, 12% long term borrowings were obtained on 31-3-2021.
Calculate cash flows from investing and financing activities.