River City Ranches #4 - Page 141



                                       - 79 -                                         
          9-30-91    Total Adjustments to Ordinary Income                             
                    Farm income                   29,869                              
                    Depreciation expense          79,888                              
                    Interest expense              60,000                              
                    Board expenses paid to       140,454                              
                    Barnes Ranches                                                    
          Purchased sheep destroyed     85,170                                        
          due to drought/tric.                                                        
                    Guaranteed payments            1,405                              
                    Other Adjustments                                                 
                    Self-employment income       215,117                              
                    Other deductions              90,112                              

          RCR #6                                                                      
          TYE        Adjustments                                                      
          12-31-87   Total Adjustments to Ordinary Income                             
                    Depreciation expense         410,991                              
                    Interest expense              10,657                              
                    Other farm deductions         81,746                              
                    Guaranteed payments              924                              
                    Other Adjustments                                                 
                    Self-employment income       374,785                              
          12-31-88   Total Adjustments to Ordinary Income                             
                    Depreciation expense         392,309                              
          Interest expense              51,987                                        
          Other farm deductions         52,742                                        
          Guaranteed payments            2,580                                        
                    Other Adjustments                                                 
                    Self-employment income       439,003                              
                    IRA payments                   4,000                              
          9-30-89    Total Adjustments to Ordinary Income                             
                    Depreciation expense         392,309                              
                    Interest expense             103,327                              
                    Other farm deductions         39,719                              
                    Guaranteed payments              398                              
                    Other Adjustments                                                 
                    Self-employment income       495,520                              








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Last modified: May 25, 2011