A farmer purchased a sprayer for ?15,000 in 2004, at the end of fifth year,
AGRICULTURE
POST UTME UI
A farmer purchased a sprayer for ?15,000 in 2004, at the end of fifth year, he sold it for ?5,000. What is the salvage value?
- A) N10,000
- B) N5,000
- C) N15,000
- D) N3,000
Correct Answer: B) N5,000
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