Durham Farms #1 - Page 91




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                  Agriculture payments                    3,010                       
                  Other income                       $5,527,069                       
                  Depreciation expense               537,993                          
                  Interest expense                        222,963                     
                  Other farm deductions              8,014,100                        
                  General Partners’ Office expenses   620,731                         
                  Laguna Tax Service expenses        1,401,315                        
                  Income–-discharge of indebtedness 4,984,403                         
                  Other Adjustments                                                   
                  Self-employment income             15,016,325                       
                  Rental income                           56,190                      
                  Dividend income                         1,180                       
                  Section 1231 gain                       720,026                     
                  Fuel credit                        14,462                           
                  Section 179 expense               2,958,692                         











                                                                                     





















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Last modified: May 25, 2011