Redraft the following cash flow statement as per the provisions of accounting standard (AS-3) applicable in India:

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Particulars Net profit (before interest, tax and dividend) Add: Sales of investments Depreciation on fixed assets Issue of preference shares Loan raised Decrease in stock Less: Purchase of fixed assets Decrease in creditors Increase in debtors Exchange gain Profit on sale of investment Redemption of debentures Dividend paid Interest paid Net Cash Generated in the Year Add: Opening cash and cash equivalents Closing cash and cash equivalents in lakh 70,000 11,000 9,000 4,500 12,000 65,000 6,000 8,000 8,000 12,000 5,700 1,400 945 in lakh 60,000 1,06,500 1,66,500 1,07,045 59,455 12,341 71,796