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\frac{48000}{4}-\frac{5}{4}
Convert 12000 to fraction \frac{48000}{4}.
\frac{48000-5}{4}
Since \frac{48000}{4} and \frac{5}{4} have the same denominator, subtract them by subtracting their numerators.
\frac{47995}{4}
Subtract 5 from 48000 to get 47995.