Use the following information to answer the given question (begin{array}{c|c} & N \ hline text{Construction…

Use the following information to answer the given question
(begin{array}{c|c} & N \ hline text{Construction of classrooms} & 500,000\ text{Purchase of tablets and chairs} & 50,000 \ text{Purchase of textbooks for library} & 40,000 \ text{Annual inter-house sports competition} & 20,000 \ text{Payment of teachers salary} & 80,000
end{array})
Capital expenditure for the year was
  • A.
    N690,000
  • B.
    N590,000
  • C.
    N500,000
  • D.
    N140,000
Correct Answer: Option B
Explanation
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