ABC limited reported a profit before tax of 10,000 cedis. The profit was arrived at after considering; provision for doubtful debt of 5000 cedis, Specific bad debt written off 2,000 cedis, depreciation 4000, financial gain 10,000, financial cost 30,000. Capital allowance of 5,000. Calculate the allowable financial cost of ABC limited?

• A. 19,000 cedis
• B. 10,000 cedis
• C. 20,000 cedis
• D. 17,000 cedis
• E. 15,000 ced