When a change in price brings on change in demand, the situation is described as

A farmer purchased a sprayer for N12,500 in 1974, at the end of the fourth year, he sold it for N4,300. The total depreciation is

A farmer purchased a sprayer for N12,500 in 1974, at the end of the fourth year, he sold it for N4,300. The salvage value is

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

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