the data given ahead were provided by the accounting records of shuchi diamonds ltd 609935

The data given ahead were provided by the accounting records of Shuchi diamonds Ltd.:

Income Statement

(for the Year Ended on 31 March 2010)

		Rs.
Sales		3,49,000
Cost of Goods Sold		(2,60,000)
Gross Margin		89,000
Operating Expenses		(73,500)
(Including Depreciation Expenses of 18,500)		15,500
Other Income (Expenses):
Interest Expenses Paid	(11,500)
Interest Income Received	3,000
Gain on Sale of Investments	6,000
Loss on Sale of Plant	(1,500)	(4,000)
Provision Before Tax		11,500
Provision for tax		(3,500)
Provision After Tax		8,000

Comparative Balance Sheets (as on 31 March)

Analysis of selected transactions and accounts during 2010–11:

Sold investments costing Rs.45,000 for Rs.51,000. Some investments were purchased for cash.
Sold plant assets that cost Rs.5,000 with accumulated depreciation of Rs.1,000 for Rs.2,500.
Issued Rs.50,000 of bonds at face value in exchange for plant assets on 31 March 2011. Some plant assets were purchased for cash also.
Repaid Rs.25,000 of bonds as face value as majority.
Issued 7,500 shares of Rs.10 each for cash at par.
Paid cash dividends Rs.4,000—ignore corporate dividend tax.

Prepare cash flow statement for the year ended on 31 March 2011 as per AS-(3) (Revised) using indirect method.