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Kurison purchased various farming equipment and supplies including wheat, a tractor, shovels, fertilizer, and a water pump for a total of $2,442.24. He has a repayment schedule to pay back the loan amount over 12 months in equal installments of $73.13 per month. It would cost $2,442.42 to farm the first acre of land, and his total costs across five acres would be $2,923.62 if each additional acre costs $96.24 to farm.







