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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

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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 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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