From the following information , calculate amount of subscriptions outstanding for the year ended 31st March, 2018: A club has 200 embers each paying an annual subscription of Rs. 1,000. The Receipts and Payments Account for the year showed a sum of Rs. 2,05,000 received as subscriptions. The following additional information is provided: Subscriptions Outstanding on 31st March, 2017 – Rs 30,000 Subscriptions Received in Advance on 31st March, 2018 – Rs. 40,000 Subscriptions Received in Advance on 31st March, 2017 – Rs 14,000