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Use the following information to answer the given question:Kudi Local Government...


Question

Use the following information to answer the given question:

Kudi Local Government Council incurred the following expenditure in 1995:

\(\begin{array}{c|c} & ₦ \\ \hline \text{Payment of salaries} & 140,000 \\ \text{Purchase of drugs for dispensaries} & 80,000 \\ \text{Purchase of books for Library} & 30,000 \\ \text{Sinking of wells} & 70,000 \\ \text{Extension of Council offices} & 160,000 \end{array}\)

The amount of capital expenditure for 1995 was

Options

A) ₦260,000

B) ₦230,000

C) ₦220,000

D) ₦160,00

E) ₦140,000

The correct answer is B.


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