The following particulars relate to a company:
|
Total assets |
37,00,000 |
|
External liabilities |
5,00,000 |
|
Share capital: |
|
|
14% Preference shares of Rs.10 each, fully paid |
10,00,000 |
|
80,000 Equity shares of Rs.10 each, fully paid |
8,00,000 |
|
1,20,000 Equity shares of Rs.10 each, Rs.7.50 paid |
9,00,000 |
You are required to calculate the value of each category of equity shares of the company based on a deemed liquidation.