The Directors of Quality Machineries Ltd. requests you to ascertain the amount at which the inventory should be included in the financial statement for the year 2006-07. The value of inventory as shown in the books is Rs. 12,50,000.
To determine the net realisable value of the inventory (on test check basis), you had selected several items whose books value was Rs. 3,50,000.
You ascertain that except for items (a) to (c) below, the cost was in excess of the realisable value by Rs. 29,532.

The following items require special treatment:
(a) One machine (cost Rs. 1,30,000) can now fetch Rs. 1,15,000. It was priced at Rs. 70,000 and was written down to the same figure at the end of 2006-07.
(b) A pump (cost Rs. 50,000) was expected to realize Rs. 35,000. A special commission of 15% would have to be paid to the broker.
(c) 6 units of product no. 15,710 were in stock and each valued at Rs. 5,520; the selling price was Rs. 4,500 per unit; selling expenses are 10% of the selling price.

Taking into consideration only the above mentionesd items requiring special treatment, compute the value of their inventory as at 31st March, 2007, you would consider reasonable.