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(b) Benkolm Engineering purchases on equipment in 2011 for N1,200,000. The maintenance costs in 2011 was. N40,000 and in 2012, 2013, 2014, 2015, 2016 and

(b) Benkolm Engineering purchases on equipment in 2011 for N1,200,000. The maintenance costs in 2011 was. N40,000 and in 2012, 2013, 2014, 2015, 2016 and 2017 were N50,000 N60,000; N70,000: N80,000: N90,000 and N100,000, respectively. The machine was sold in 2017 for N350,000. Compute the cash flow table and diagram 15 Marks

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