$3.$ A Ltd produces its balance sheet on $31$ March $2021$ and requests its business professional appraiser to evaluate the value of business based on Asset Based Valuation Method. Assuming you are a business professional appraiser, evaluate the Company A as on $31$ March $2022.$

Liabilities Amount $($in USD$)$ Assets Amount $($in USD$)$

Equity share capital $25,000$ Fixed Assets $41,000$

Preference Share capital $11,000$ Inventories $23,500$

Reserves and surplus $8,000$ Cash and Bank Balance $11,500$

Long$-$term debt $18,000$ Debtors $13,000$

Short$-$term debt $11,000$

Creditors $16,000$

Total $89,000$ Total $89,000$