On 1 October 2018 Xian Ltd commenced drilling for oil from an undersea oilfield. The extraction of oil causes damages to the seabed which has a restorative cost (ignore discounting) of N$10 000 per million barrels of extracted oil. Xian Ltd extracted 250 million barrels of oil in the year ended 30 September 2019. Xian is also required to dismantle the drilling equipment at the end of the 5 year licence. This has an estimated cost ofN$30 million on 30 September 2023. Xian Ltd.'s cost of capital is 8% per annum. What is the total provision (extraction plus dismantling) which should be reported in Xian Ltd.'s Statement of financial position at 30 September 2019 in respect of its oil operations? a. N$34 900 000 b. N$24 550 896 Oc. N$4 132 000 d, N$22900 000