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\frac{120000}{5}-\frac{4}{5}
Convert 24000 to fraction \frac{120000}{5}.
\frac{120000-4}{5}
Since \frac{120000}{5} and \frac{4}{5} have the same denominator, subtract them by subtracting their numerators.
\frac{119996}{5}
Subtract 4 from 120000 to get 119996.