Durham Farms #1 - Page 92




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                          APPENDIX B–-Adjustments in Issue                            

        DF #1                                                                         
        TYE         Adjustments                                                       
        12-31-87     Interest expense                $9,054                           
                  Other farm deductions              83,328                           
                  Guaranteed payments           833                                   
                  IRA contribution                   8,000                            
        12-31-88      Farm income/capital gain           121,264                      
                  Interest expense              7,038                                 
                  Other farm deductions               134,037                         
                  Guaranteed payments           1,340                                 
        9-30-89       Interest expense          12,888                                
                  Other farm deductions         386,937                               
                  Guaranteed payments                  3,869                          
        9-30-90       Farm income                         137,299                     
        Depreciation expense                280,175                                   
                  Interest expense              56,035                                
                  Other farm deductions         386,937                               
                  Guaranteed payments                  3,869                          
                  Other deductions              137,299                               
        9-30-91       Depreciation expense                359,651                     
                  Interest expense              125,879                               
                  Other farm deductions         247,842                               
                  Guaranteed payments                  2,478                          
        9-30-92       Farm income/capital gain            109,981                     
                  Depreciation expense                439,924                         
                  Interest expense         131,737                                    
                  Other farm deductions               283,248                         
                  Guaranteed payments           2,620                                 
        SGE 82-1                                                                      
        TYE         Adjustments                                                       
        9-30-90       Farm income/capital gain         2,349,777                      
                  Depreciation expense                792,666                         
                  Interest expense              103,962                               
                  Other farm deductions         771,345                               






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Last modified: May 25, 2011