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From the following information, calculate the amount of income from subscriptions to be shown in the Income and Expenditure Account for the year ended 31-3-2011:
Subscriptions received during the year 2010-2011
Rs
3,40,000
Subscriptions outstanding as on 31-3-2011
47,000
Subscriptions received in advance as on 31-3-2011
35,000
Subscriptions outstanding as on 1-4-2010
28,000
Subscriptions received in advance as on 1-4-2010
25,000