Use the following information to answer the given question Rufai, a vulcanize bought 4 machines…

Use the following information to answer the given question
Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990
(begin{array}{c|c} Glue & N2,100 \ Thread & N600 \ Kerosene & N900 \ Rubber & N558 \ Matched & N110end{array})
He received N5,772 from customers. Two machines were later sold for N6,990 and N5,670 respectively. What is his revenue receipt?
  • A.
    N18,432
  • B.
    N12,660
  • C.
    N6,990
  • D.
    N5,772
  • E.
    N5,670
Correct Answer: Option D
Explanation
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