Kailash and Gopal entered into a joint venture for the sale of plots of land. A joint bank account was opened in which Kailash deposited Rs$30$ lakh & Gopal deposited Rs$10$ lakh. They agreed to share profits and losses in the ratio of their respective capitals. A piece of land was purchased for Rs$29$ lakh. Legal and registration fees of Rs$3$ lakh were paid. A sum of Rs$8$ lakh was spent on development of the land. The land was divided into $40$ plots. $30$ plots were sold @ $Rs1.5$ lakh each and $6$ plots were sold @ Rs$1.2$ lakh each. The brokerage of Rs$2.2$ lakh was paid for selling the plots. The remaining plots were taken over by Kailash & Gopal at the cost price in proportion of the ratio in which they shared profits and losses. Final amount payable to Kailash on completion of joint venture = ?