Durham Farms #1 - Page 84




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                  Other Adjustments                                                   
                  Self-employment income         $799,505                             
                  Other deductions              137,299                               
        9-30-91   Total Adjustments to Ordinary Income                                
                  Depreciation expense            359,651                             
                  Interest expense                   123,750                          
                  Sharecrop calves              325,360                               
                  Cattle losses–-drought/disease  440,850                             
                  Guaranteed payments           3,254                                 
                  Other Adjustments                                                   
                  Self-employment income        1,007,487                             
             Other deductions                   261,321                               
        9-30-92   Total Adjustments to Ordinary Income                                
                  Farm Income                        109,981                          
                  Depreciation expense          439,924                               
                  Interest expense                   131,737                          
                  Calves–-management fee             152,059                          
                  Guaranteed payments           2,620                                 
                  Other Adjustments                                                   
                  Self-employment income             574,281                          

        SGE 82-1                                                                      
        TYE        Adjustments                                                        
        9-30-90   Total Adjustments to Ordinary Income                                
                  Farm income                   2,349,777                             
                  Interest expense                   91,326                           
                  Other farm deductions              27,578                           
                  Guaranteed payments           280                                   
                  Other Adjustments                                                   
                  Self-employment income              280                             
                  Other deductions              1,151,341                             
        9-30-91   Total Adjustments to Ordinary Income                                
                  Farm income                     150,392                             
                  Depreciation expense          615,619                               
                  Sharecrop calves              491,360                               






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Last modified: May 25, 2011