Prepare a value added statement from the following figures : ₹ Sales 11,37,000 Income from Investment 10,500 Materials and Services used 6,45,000 Salaries 1,02,000 Other benefits of employees 15,000 Income Tax 1,500 GST

Value Added Statement Particulars Amount (₹) Amount (₹) Generation of Value Added: Sales 11,37,000 Less: Materials and services used (6,45,000) Value generated by Manufacturing 4,92,000 Add: Investment income 10,500 Total Value added 5,02,500 Distribution of Value Added: (i) Employees benefits: Salaries 1,02,000 Other benefits of employees 15,000 1,17,000 (ii) Government: Income Tax 1,500 GST 2,71,500 2,73,000 (iii) Providers of Capital Interest on borrowings 52,500 Dividend 6,000 58,500 (iv) Retained in business: Depreciation 49,500 Profit retained 4,500 54,000 Total 5,02,500