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Given below are the balances of mohan Ltd. as at 31st march, 2017. you are required to ascertain the fair value of share: 75000 share of ₹ 10 each 750000.workmen provident fund (current liabilities) 15000. reserve fund 75000. provision for bad debt 25000. investment fluctuation fund 62000.sundry creditors 78000.surplus in statement pf profit and loss :balance on 1-4-2016 12500profit for the year subject to tax @50% 790000goodwill at cost 85000.building 275000furniture 4000stock 85000.investment in govt. securities 320000sundry debtors 335000cash at bank 51000the company is expected to maintain its profit earning capacity for the next year. the average annual yield of companies in similar line of trade is 20% on market value of their share. the goodwill of the company is worth four times the amount shown in the books. the net income received from investment during the year ended 31st March, 2017 was 13000.calculate only intrinsic value of share(ans-: ₹21.33) ​

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