X, Y and Z were in partnership sharing profits and losses in the proportions of 3 : 2 : 1. On 1st April, 2019, Y retired from the firm. On that date, their Balance Sheet was: Liabilities Amount (₹) Assets Amount (₹) Trade Creditors 30,000 Cash in Hand 15,000 Bills Payable 45,000 Cash at Bank 75,000 Expenses Owing 45,000 Debtors 1,50,000 General Reserve 1,35,000 Stock 1,20,000 Capital A/cs: Factory Premises 2,25,000 X 1,50,000 Machinery 80,000 Y 1,50,000 Loose Tools 40,000 Z 1,50,000 4,50,000 7,05,000 7,05,000 The terms were:(a) Goodwill of the firm was valued at ₹ 1,35,000 and adjustment in this respect was to be made in the continuing Partners' Capital Accounts without raising Goodwill Account.(b) Expenses Owing to be brought down to ₹ 37,500.(c) Machinery and Loose Tools are to be valued 10% less than their book value.(d) Factory Premises are to be revalued at ₹ 2,43,000.Show Revaluation Account, Partners' Capital Accounts and prepare the Balance Sheet of the firm after the retirement of Y.