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Fiscal year ending 2/28 or 2/29 Gross farm rental income
1980 $54,386
1981 65,176
1982 47,367
1983 43,599
1984 8,900
1985 45,370
1986 32,000
Yearly average 42,400
At some time after Garry’s death, the tenant farmers gave up
their contracts to farm, and in 1984 or 1985 Donald Hendrickson
began farming the formerly rented family farm land. By 1992,
Donald Hendrickson was farming almost all the land constituting
the family farm.
On its income tax returns for its fiscal years ending from
February 1987 through February 1994, Garry’s estate reported the
following amounts of gross income for the entire family farm:
Fiscal year ending 2/28 or 2/29 Gross income of family farm
1987 $16,094
1988 9,901
1989 8,536
1990 1,120
1991 5,391
1992 5,925
1993 2,203
1994 1,078
Yearly average 6,281
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