A company has 5% debentures worth N500 000 ordinary share capital N 2 000 000, and preference shares N1500 000. if the company made a profit of N 1 000 000, the debenture interest would amount to
-
A.
N 1 000 000 -
B.
N 500 000 -
C.
N 50 000 -
D.
N 25 000