What is his capital receipt?

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
GlueN2,100 ThreadN600 KeroseneN900 RubberN558 MatchedN110
He received N5,772 from customers. Two machines were later sold for N6,990 and N5,670 respectively. What is his capital receipt?

A N18,432

B N12,660

C N6,990

D N5,772

Answer is B

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