Question 5 A trader commenced business on 01/01/20X1 with $12,000 represented by 6,000 units of a certain product at $ 2 per unit. During the year 20X1 he sold these units at $3 per unit and had withdrawn $ 6,000. Find out the Capital maintenance under the following three bases: (a) Financial Capital Maintenance at historical costs (b) Financial Capital Maintenance at current purchasing power if average price indices at the beginning and at the end of year are 100 and 120 respectively. (c) Physical Capital Maintenance if price of the product at the end of year is $ 2.50 per unit. In other words, the specific price index applicable to the product is 125