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Tree Hugger has been farming in the Gobabis region for the past 5 years. He provided you with the his stock reconciliation for 2017
Sales for the year took place at the market value.
Additional expenditure for 2017: N$
Salaries and wages to farm workers 800,000
Vet fees 120,000 Fuel 110,000
Automatic feeder machine 210,000
New Stone Kraal 50,000
Required
Calculate Tree Hugger’s Farming Income for the year of assessment 2017
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