Q1.) On January 12015 , Royal Manufacturers acquired 25\% Equity Interest in Skyline Corp for Rs. 900000 USD. The following Information of Asset \& Liabilities of Skyline is available: Plant \& Equipments are depreciated on Straight Line basis Zero over a Term of 10 Years ROYAL Group uses EQUITY Method to Account for this Investment in Alton. Alton Reports NETINCOME of Rs. 250,000 for 2010 \& Pays Dividend of \$ 100,000