X, Y and Z are partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Their Balance Sheet as at 31st March, 2018 was as follows: Liabilities Amount (₹) Assets Amount (₹) Sundry Creditors 18,000 Goodwill 12,000 Investments Fluctuation Reserve 7,000 Patents 52,000 Workmen Compensation Reserve 7,000 Machinery 62,400 Capital A/cs: Investment 6,000 X 1,35,000 Stock 20,000 Y 95,000 Sundry Debtors 24,000 Z 74,000 3,04,000 Less: Provision for Doubtful Debts 4,000 20,000 Loan to Z 1,000 Cash at Bank 600 Profit and Loss A/c 1,50,000 Z's Drawings 12,000 3,36,000 3,36,000 Z died on 1st April, 2018, X and Y decide to share future profits and losses in ratio of 3 : 5. It was agreed that:(i) Goodwill of the firm be valued 212 years' purchase of average of four completed years' profits which were: 2014-15—₹ 1,00,000; 2015-16—₹ 80,000; 2016-17—₹ 82,000.(ii) Stock is undervalued by ₹ 14,000 and machinery is overvalued by ₹ 13,600.(iii) All debtors are good. A debtor whose dues of ₹ 400 were written off as bad debts paid 50% in full settlement.(iv) Out of the amount of insurance premium debited to Profit and Loss Account, ₹ 2,200 be carried forward as prepaid insurance premium.(v) ₹ 1,000 included in Sundry Creditors is not likely to arise.(vi) A claim of ₹ 1,000 on account of Workmen Compensation to be provided for.(vii) Investment be sold for ₹ 8,200 and a sum of ₹ 11,200 be paid to executors of Z immediately. The balance to be paid in four equal half-yearly instalments together with interest 8% p.a. at half year rest.Show Revaluation Account, Capital Accounts of Partners and the Balance Sheet of the new firm.