A firm of large contractors kept separate accounts for each contract. On 31.12.1992 the following were shown as being the expenditure in connection with contract number 101:

Rs Materials issued from stores 48,925 Materials purchased 2,90,315 Wages 3,68,170 Direct expenses 10,130 Establishment charges 43,600 Plant which had been used on other contracts 62,615 Additional plant purchased 18,050 The contract which had commenced on 1-7-1992 was for Rs 15,00,000 and the amount certified by the architect, after deduction of 20% retention money was Rs 6,04,000, the work being certified till 31-12-1992. The materials on site on that date were valued at Rs 49,290. The depreciation on plant in respect of this contract till 31-12-1992 was Rs 5,650.

Prepare a contract account, showing the profit on the contract up to 31-12-1992.