Welprint Ltd. has given the following information:
| Machinery as on 1st April, 2022 | 50,000 |
| Machinery as on 31st March, 2023 | 60,000 |
| Accumulated Depreciation on 1st April, 2022 | 25,000 |
| Accumulated Depreciation on 31st March, 2023 | 15,000 |
During the year, a machine costing ₹ 25,000 (accumulated depreciation thereon ₹ 15,000) was sold for ₹ 13,000.
Calculate Cash Flow from Investing Activities on the basis of the above information.
Solution :
