Arthur Ltd. reported a profit of Rs. 90,000 for the year ended March 31, 2012 after considering the following :
(a) Tax provided during the year — Rs 3,000
(b) Amortization of goodwill — Rs 12,000
(c) Profit on sale of land — Rs 5,000
(d) Writing off preliminary expenses — Rs 2,000
(e) Machinery costing Rs 40.000 (accumulated depreciation thereon being Rs 18.000) was sold during the year at a loss of Rs 17,000.
Extracts of its Balance Sheets at the beginning and at the end of the year are given below :
You are required to calculate Cash from Operating Activities as per Accounting Standard-3. (Show your working clearly)