Explain direct method and indirect method of preparing statement of cash flows using the following information pertaining to Ajay Ltd

Statement of profit and Loss for the year ended 31/03/2017

Sales Revenue	90,00,000
Cost of Goods Sold	80,00,000
Other Expanse	1,50,000
Depreciation Expenses	50,000
Profit Before Tax	8,00,000
Income Tax Expense	3,00,000
Net Profit	5,00,000

Relevant Balance Sheet Accounts

	31/03/2017	31/03/2016
Inventory	50,00	70,000
Accounts Receivable	90,000	60,000
Accounts Payable	80,000	70,000
Income Tax Payable	15,000	20,000