The following is the Balance Sheet of C Company Ltd. as on 31st March, 2016:The net profits for the five years were ₹ 37,000; ₹ 42,000; ₹ 40,000; ₹ 43,000; and ₹ 38,000 before providing fortaxation at 50%; general reserve at 15% and also dividend for preference shareholders. The position of a similar company was as follows :
(a) Its equity shares quoted on the Inventories Exchange were round about par.
(b) Its latest dividend was 10%.
(c) Its 5% preference shares were quoted at par. The preference shares were cumulative, non-participating with priority as to repayment of capital on winding up. Further, the share capital had remained constant throughout the history of the company and adequate depreciation had been provided for fixed assets. Calculate the value of shares by the Yield Valuation Method and also find out the value of goodwill of the company from the particulars given above.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus -- General Reserve Balance Sheet of C Company Ltd. as at 31st March, 2016 (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: (4) Current Liabilities: (a) Trade Payables --- Bills Payable Creditors TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets (2) Current Assets : (i) Tangible Assets : Freehold Property Plant and Machinery TOTAL Particulars (1) (a) Other Current Assets Note No. (2) (1) Amount (₹) (3) 1,50,000 10,000 - - 32,000 28,000 2,20,000 80,000 90,000 50,000 2,20,000