From the following information determine the proposed budgeted amount from Sub-head

7: Maintenance of Motor vehicle for the year 2021 of Federal Ministry of Education.

The following data are relevant:

(i) In 2020 approved budget N3,500, 000 was approved for the maintenance of seven Motor vehicles.

(ii) Additional two (2) motor vehicles will be required to strengthen the operation of the organisation.

(iii) The Inflation rate was fixed at 15% (10 Marks).