Please find the below attached question and give the answer properly.

3. The following are the extracts from the balance sheet of a company as on 30.6.2020. Compute the additional working capital required by the company for the year ending 30.6.2021. Fixed Assets: Rs. (in 00) Current Liabilities Rs. (in 00) Land and Building 1250000 Creditors 850000 Plant and 750000 Taxation 200000 Machinery Bank OD 350000 Current Assets: Trade Payables 400000 Stock Debtors Cash and Bank Debtors Additional Information: 2000000 500000 750000 (i) (ii) (iii) (iv) It is estimated that the sales will increase by 25% next year. Maximum amount of overdraft that can be availed will be Rs, 40000000. There will be no increase in the liability of tax due to increase in sales. Period of credit allowed to customers and stock turnover remain unchanged. Period of credit allowed by creditors and payables remain unchanged. There will be an increase in cash of Rs. 2000000 Sales of the current year ended is Rs. 20,00,000 (vi) (vii)