Durham Farms #1 - Page 85




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                  Cattle losses–-drought/disease $178,263                             
                  Guaranteed payments                4,919                            
                  Other Adjustments                                                   
                  Self-employment income          792,056                             
                  Other deductions         1,117,006                                  
        9-30-92   Total Adjustments to Ordinary Income                                
                  Farm income                        65,734                           
                  Depreciation expense          262,938                               
                  Interest expense                   4,000                            
                  Calves–management fee              272,873                          
                  Accounting fees               3,086                                 
                  Guaranteed payments           3,386                                 
                  Other Adjustments                                                   
                  Self-employment income             270,024                          

        DGE 84-3                                                                      
        TYE        Adjustments                                                        
        12-31-87   Total Adjustments to Ordinary Income                               
                  Depreciation expense          1,078,475                             
                  Interest expense              330,319                               
                  Other farm deductions            92,163                             
                  Guaranteed payments           17,082                                
                  Other Adjustments                                                   
                  Self-employment income        1,392,722                             
                  IRA contribution              32,000                                
        12-31-88   Total Adjustments to Ordinary Income                               
                  Depreciation expense          1,074,885                             
                  Interest expense              179,318                               
                  Other farm deductions         118,490                               
                  Guaranteed payments             11,288                              
                                                                                     
                  Other Adjustments                                                   
                  Self-employment income        1,243,908                             
                  IRA contribution                   20,000                           








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Last modified: May 25, 2011