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2.2 White Moon Ltd produces children's toys and aims to diversify its product lines as its core product lines are experiencing sluggish growth. The company

2.2 White Moon Ltd produces children's toys and aims to diversify its product lines as its core product lines are experiencing sluggish growth. The company needs to obtain a new machine to manufacture a new range of wooden blocks. It has secureda 5-year financing deal with a local bank paying a before cost of debt of 10 percent interest per annum with equal annual instalments. The machine cost R1000 000. Construct an amortisation schedule for this financing deal.(7 marks)

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