Solaris Ltd. sells goods in domestic market at a gross profit of 25 percent, not counting on depreciation as a part of the 'cost of goods sold'. Its estimates for next year are as follows: Amount (in lakhs) 1,200 540 450 Sales - Home at 1 month's credit Exports at 3 months' credit, selling price 10 percent below home price Materials used (suppliers extend 2 months' credit) Wages paid, month in arrears Manufacturing expenses, paid 1 month in arrears Administrative expenses, paid 1 month in arrears Sales promotion expenses (payable quarterly - in advance) Income - tax payable in 4 instalments of which one falls in the next financial year 360 540 120 60 150 The company keeps 1 month's stock of each of raw materials and finished goods and believes in keeping 20 lakh as cash. Assuming a 15 percent safety margin, ascertain the estimated Working Capital requirement of the company (ignore work-in-process).