Directors of ABC Ltd. wish to diversify. Presently, ABC Ltd. is into selling finished goods from its own godown. ABC Ltd. issued debentures on 07.04.2022 and purchased fixed assets on the very same day. The purchase prices are assumed to have remained stable during the concerned period. Following financial information is available to you. INCOME STATEMENT Particulars 2021-22 (₹) 2022-23 (₹) Cash sales 30,000 32,000 Credit sales 2,70,000 3,00,000 3,42,000 3,74,000 Less: Cost of goods sold 2,36,000 2,98,000 Gross profit 64,000 76,000 Less: Operating expenses: (i) Warehousing 13,000 14,000 (ii) Transport 6,000 10,000 (iii) Administrative 19,000 19,000 (iv) Selling 11,000 49,000 14,000 57,000 Net profit 15,000 19,000 BALANCE SHEET Assets & Liabilities 2021-22(₹) 2022-23(₹) Fixed Asset (Net Block) - 30,000 - 40,000 Receivables 50,000 82,000 Cash at Bank 10,000 7,000 Stock 60,000 94,000 Total Current Assets (CA) 1,20,000 1,83,000 Payables 50,000 76,000 Total Current Liabilities (CL) 50,000 76,000 Working Capital (CA-CL) 70,000 1,07,000 Net Assets 1,00,000 1,47,000 Represented by: (i) Share capital 75,000 75,000 (ii) Reserve and Surplus 25,000 42,000 (iii) Debentures - 30,000 1,00,000 1,47,000?