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A farmer bought a farm implement for 12,500 in 2007 . At the end of the fourth year he ...

A farmer bought a farm implement for 12,500 in 2007 . At the end of the fourth year he sold if for #4,300. Use information to answer question
Calculate the total depreciation of the implement

A. #16,800
B. #8,200
C. #3,125
D. #1,075




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