Use the following information to answer the given question
(begin{array}{c|c} & N \ hline text{Furniture and Fittings} & 15,000 \ text{Land and building} & 40,000 \ text{Motor Vehicles} & 25,000 \ Stock & 10,000 \ Debtors & 27,000 \ text{Cash in hand} & 2,000 \ text{Bank overdraft} & 17,500 \ text{Profit and loss b/d} & 28,000 \ text{Rent owing} & 800 \ text{Sundry creditors} & 22,000end{array})
The value of current liabilities is
(begin{array}{c|c} & N \ hline text{Furniture and Fittings} & 15,000 \ text{Land and building} & 40,000 \ text{Motor Vehicles} & 25,000 \ Stock & 10,000 \ Debtors & 27,000 \ text{Cash in hand} & 2,000 \ text{Bank overdraft} & 17,500 \ text{Profit and loss b/d} & 28,000 \ text{Rent owing} & 800 \ text{Sundry creditors} & 22,000end{array})
The value of current liabilities is
-
A.
N56,5000 -
B.
N40,300 -
C.
N39,500 -
D.
N28,000 -
E.
N22,000