Durham Farms #1 - Page 88




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        9-30-91   Total Adjustments to Ordinary Income                                
                  Farm Income                   $150,276                              
                  Depreciation expense          155,998                               
                  Interest expense                   209,500                          
                  Sharecrop calves                   401,720                          
                  Guaranteed payments           4,018                                 
                  Other Adjustments                                                   
                  Self-employment income             292,742                          
                  Other deductions                   381,176                          
        9-30-92   Total Adjustments to Ordinary Income                                
                  Farm income                   101,493                               
                  Depreciation expense          405,972                               
                  Interest expense                   42,000                           
                  Calves–-management fee             324,948                          
                  Accounting fees               3,086                                 
                  Guaranteed payments           3,806                                 
                  Other Adjustments                                                   
                  Self-employment income             496,884                          
                                                                                     
        DGE 86-2                                                                      
        TYE         Adjustments                                                       
        12-31-91   Total Adjustments to Ordinary Income                               
                 Depreciation expense          862,447                               
        Sharecrop calves                             2,479,421                        
                  Cattle losses–-drought/disease    976,369                           
                  Other Adjustments                                                   
                  Self-employment income             4,312,237                        

        TBS 89-1                                                                      
        TYE         Adjustments                                                       
        12-31-89   Total Adjustments to Ordinary Income                               
                 Depreciation expense          1,056,720                             
                                                                                     
                  Other Adjustments                                                   






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Last modified: May 25, 2011