Q2 (B) . From the following information Calculate Net Profit before Tax:

Opening Surplus, i.e., Balance in Statement of Profit and Loss ~ 2,00,000

Closing Surplus, i.e., Balance in Statement of Profit and Loss ~ (5,40,000)

Proposed Dividend for the current year ~ 2,10,000

Interim Dividend paid during the year ~
1,60,000

Transfer to General Reserve ~ 1,50,000