The profit as per cost accounts is Rs. 1,65,300. The following details are ascertained on comparison of the Cost and Financial Accounts.

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(a) Opening Stocks: Materials Work-in-progress (b) Closing Stocks: Materials Cost accounts Rs. 32,600 20,000 36,000 16,000 8,000 Financial accounts Rs. 33,000 21,000 34,400 15,200 9,000 Work-in-progress Finished Goods (c) Directors' fees paid Rs. 1,000, interest paid Rs. 800; reserve for bad debts Rs. 500, transfer fees collected Rs. 300, and dividends received Rs. 200 are exclusively taken in Financial Accounts, but ignored in Cost Accounts. (d) Rent charged in costing but not in Financial Accounts Rs. 6,000. (e) Preliminary expenses written off Rs. 13,000, but not charged in costing. (f) Overheads charged in Financial Books Rs. 1,21,200, but recovered in costing Rs. 1,26,200. Find out profit as per Financial Accounts and draw up a Reconciliation Statement.