From the following details relating to Kannan Ltd. for the quarter ending on 31 March 1999, prepare a cost sheet showing profit or loss for the quarter:

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Particulars Wages Factory expenses Stock of raw material, 1 January 1999 Rs Particulars Rs 35,000 Loss on sale of plant 1,500 7,500 Stock of raw material, 22,500 31 March 1999 15,000 Factory rent 15,000 Raw material purchased 1,40,000 Office rent 2,000 Packing and delivery charges 14,000 Sundry office expenses 3,000 Income tax 10,000 Advertising 3,000 Sales 2,50,000 Finished stock on 1 January 1999, 14,000 200 units (fully sold) Finished stock on Units produced 3,000 31 March 1999, 400 units