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Use the following information to answer the given...


Use the following information to answer the given question
DRCRNNGoodwill10,000Plant and Machinery32,000Freehold premises50,000stock15,000debtors12,500Cash in bank7,500cash in hand2,000Profit and loss account34,000Accrued rent500Sundry creditors9500Capital¯129,000¯129,000
What is the value of fixed tangible assets?

A.

N92,000

B.

N89.500

C.

N82,000

D.

N60,000

E.

N42,000

Correct answer is C

No explanation has been provided for this answer.