King Ltd. acquires 70% of equity shares of Queen Ltd. as on 31st March, 20X1 at a cost of 140 lakhs. The following information is available from the balance sheet of Queen Ltd. as on 31st March, 20X1: Property, plant and equipment Investments Current Assets Loans & Advances 15% Debentures Current Liabilities *in lakhs 240 110 140 30 180 100 The following revaluations have been agreed upon (not included in the above figures): Property, plant and equipment- up by 20% and Investments- down by 10%. King Ltd. purchased the shares of Queen Ltd. @*20 per share (Face value - *10). Calculate the amount of goodwill/capital reserve on acquisition of shares of Queen Ltd