1. A firm sale a product whose data in two periods is as follows.

Period	Sales	Variable Cost (Sh)	Profit (Sh)
1	100,000	60,000	20,000
2	130,000	90,000	40,000

Assume that the price, unit variable cost and fixed costs are the same in the two periods.

Required

i. Determine the fixed costs.

ii. Determine the breakeven sales revenue.

2. Find the future value of an ordinary annuity of Sh. 35,000 at a compounding rate of 6 % per annum after 9 years.