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Determine the cost price of a farm equipment that has a salvage value of N500,000.00, a ...

Determine the cost price of a farm equipment that has a salvage value of N500,000.00, a useful life of 10 years and an annual depreciation of N400,000.00.

A. N500,000.00
B. N900,000.00
C. N4,500,000.00
D. N5,500,000.00




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