The summarised Balance Sheet of Prashant Ltd, as at 31st March, 2016 Liabilities 10.000 6% Pret Shares of Fis 10 each 30.000 Ordinary Shares of Rs 10 each General Reserve Depreciation Fund Deb Redemption Fund 7% Debentures Sundry Creditors (Contingent Liability Rs. 650 in respect of compensation payable to worker) Balance Sheet Fo. 1,00,000 3.00.000 20.000 10.000 30,000 50.000 1.00.000 10.000 Assots Sundry Assots Investment in Shares Preliminary Expenses Ats 5.10,000 10,000 00.000 6.10.000 The Preference Shares are Preferential as to capital and arrears of Preference dividend are not payable on liquidation. Assets in the Balance Sheet are worth their effective book values. There is in existence an asset worth Rs. 1,500 not recorded in the books. Assume that the dividend on the Preference Shares is two years in arrears Show the intrinsic value of a share