Shikhar and Rohit were partners in a firm sharing profits in the ratio of 7 : 3. On 1st April, 2013, they admitted Kavi as a new partner for 1/4th share in profits of the firm. Kavi brought ₹ 4,30,000 as his capital and ₹ 25,000 for his share of goodwill premium. The Balance Sheet of Shikhar and Rohit as on 1st April, 2013 was as follows: BALANCE SHEET OF SHIKHAR AND ROHIT as at 1st April, 2013 Liabilities ₹ Assets ₹ Capital A/cs: Land and Building 3,50,000 Shikhar 8,00,000 Machinery 4,50,000 Rohit 3,50,000 11,50,000 Debtors 2,20,000 General Reserve 1,00,000 Less: Provision 20,000 2,00,000 Workmen's Compensation Fund 1,00,000 Stock 3,50,000 Creditors 1,50,000 Cash 1,50,000 15,00,000 15,00,000 It was agreed that:(a) the value of Land and Building will be appreciated by 20%.(b) the value of Machinery will be depreciated by 10%.(c) the liabilities of Workmen's Compensation Fund were determined at ₹ 50,000.(d) capitals of Shikhar and Rohit will be adjusted on the basis of Kavi's capital and actual cash to be brought in or to be paid off as the case may be.Prepare Revaluation Account, Partners' Capital Accounts and Balance Sheet of the new firm.