A farmer purchased a sprayer for N12,500 in 1974, at the ...
A farmer purchased a sprayer for N12,500 in 1974, at the end of the fourth year, he sold it for N4,300. The annual depreciation of the equipment is
N33,600
N20,050
N2,050
N2,005
Correct answer is C
No explanation has been provided for this answer.
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