Following is the information of the Jammu branch of Best New Delhi for the year ending 31st March, 20X2 from the following: (1) Goods are invoiced to the branch at cost plus 20%. (2) The sale price is cost plus 50%. (3) Other information: Stock as on 01.04.20X1(invoice price) Goods sent during the year(invoice price) Sales during the year Expenses incurred at the branch Ascertain (i) (ii) 2,20,000 11,00,000 12,00,000 45,000 the profit earned by the branch during the year. branch stock reserve in respect of unrealized profit.