From the following Balance Sheet of Nishant Ltd. as at 31st March, 2023, calculate 'Cash Flows From Operating Activities'. Balance Sheet of Nishant…

From the following Balance Sheet of Nishant Ltd. as at 31st March, $\displaystyle 2023$, calculate 'Cash Flows From Operating Activities'. Balance Sheet of Nishant Ltd. as at 31st March, $\displaystyle 2023$ Note $\displaystyle 31.3.2023$ $\displaystyle 31.3.2022$ Particulars No. (<) (<) I Equity and Liabilities : 1. Shareholders' Funds (a) Share Capital $\displaystyle 6,00,000$ $\displaystyle 5,50,000$ (b) Reserves and Surplus $\displaystyle 1$ $\displaystyle 1,50,000$ $\displaystyle 1,00,000$ 2. Non-Current Liabilities (a) Long-term Borrowings $\displaystyle 2$ $\displaystyle 1,20,000$ $\displaystyle 85,000$ 3. Current Liabilities (a) Trade Payables $\displaystyle 89,500$ $\displaystyle 1,02,000$ (b) Short-term Provisions $\displaystyle 3$ $\displaystyle 25,000$ $\displaystyle 38,500$ Total $\displaystyle 9,84,500$ $\displaystyle 8,75,500$ II Assets : 1. Non-Current Assets (a) Fixed Assets/Property, Plant and Equipment and Intangible Assets (i) Tangible Assets/Property, $\displaystyle 4$ $\displaystyle 5,35,000$ $\displaystyle 4,25,000$ Plant and Equipment (ii) Intangible Assets $\displaystyle 5$ $\displaystyle 20,000$ $\displaystyle 56,000$ 2. Current Assets (a) Current Investments $\displaystyle 1,20,000$ $\displaystyle 75,000$ (b) Inventories $\displaystyle 64,500$ $\displaystyle 60,500$ (c) Trade Receivables $\displaystyle 85,000$ $\displaystyle 71,500$ (d) Cash and Cash Equivalents $\displaystyle 1,60,000$ $\displaystyle 1,87,500$ Total $\displaystyle 9,84,500$ $\displaystyle 8,75,500$ Notes to Accounts : Note $\displaystyle 31.3.2023$ $\displaystyle 31.3.2022$ Particulars No. (<) (<) $\displaystyle 1$ Reserves and Surplus Surplus i.e. Balance in Statement of $\displaystyle 1,50,000$ $\displaystyle 1,00,000$ Profit and Loss $\displaystyle 1,50,000$ $\displaystyle 1,00,000$ $\displaystyle 2$ Long-term Borrowings $\displaystyle 10$% Debentures $\displaystyle 1,20,000$ $\displaystyle 85,000$ $\displaystyle 1,20,000$ $\displaystyle 85,000$ $\displaystyle 3$ Short-term Provisions Provision for Tax $\displaystyle 25,000$ $\displaystyle 38,500$ $\displaystyle 25,000$ $\displaystyle 38,500$ $\displaystyle 4$ Tangible Assets/Property, Plant and Equipment Machinery $\displaystyle 6,35,000$ $\displaystyle 5,00,000$ Less : Accumulated Depreciation ($\displaystyle 1,00,000$) $\displaystyle (75,000)$ $\displaystyle 5,35,000$ $\displaystyle 4,25,000$ $\displaystyle 5$ Intangible Assets Goodwill $\displaystyle 20,000$ $\displaystyle 56,000$ $\displaystyle 20,000$ $\displaystyle 56,000$ Additional Information : (i) A piece of machinery costing ₹ $\displaystyle 12,000$ on which accumulated depreciation was ₹ $\displaystyle 8,000$ was sold for ₹ $\displaystyle 3$,000. (ii) Interest paid on $\displaystyle 10$% Debentures amounted to ₹ $\displaystyle 8$,500.