A farmer bought a farm implement for ₦12,500 in 2007. A...
A farmer bought a farm implement for ₦12,500 in 2007. At the end of the fourth year, he sold it for ₦4,300. The annual depreciation of the implement is
₦4,300
₦3,125
₦2,050
₦1,075
Correct answer is C
No explanation has been provided for this answer.
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