Please answer the following question as soon as possible. Thank you.

QUESTION-1 The following are balance sheet data of Anwar Ali Company Ltd. Debit Balances 2017 2016 Cash 12,000 4,000 Account receivable 40,000 50,000 Merchandise Inventory 95,000 130,000 Prepaid Expenses 7,000 3,000 Land 65,000 75,000 Building 200,000 125,000 Equipment 18,000 10,000 Retained earnings 10,000 447,000 397,000 Credit Balances 2017 2016 Allowances for Bad debts 4,000 5,000 Allowances for Depreciation-Building 30,000 27,000 Allowances for Depreciation-equipment 3,000 5,000 Account payable 50,000 63,000 Accrued Expenses 10,000 7,000 Long term Loan 100,000 80,000 Capital Stock Rs. 10 Par 250,000 200,000 Retained Earnings 10,000 447,000 397,000 Additional Data: During the year land costing Rs.10,000 was sold at a gain of Rs.5,000 for cash and the old equipment costing Rs.10,000 was sold for Rs.2,000 on credit. Required: Prepare Cashflow statement using indirect method for the year ended December 31,2017