Parul, Prena and Kaushal are partners sharing profits equally. Parul is guaranteed minimum annual profit of Rs. 2,00,000. Kaushal is to get Commission @ 5% of Net sales and the commission is determined at Rs. 50,000. Net Profit for the year ended 31^st March is Rs. 2,50,000. Prepare Profit and Loss Appropriation Account for the year.