Durham Farms #1 - Page 93

                                       - 93 -                                         
                  Guaranteed payments                 $9,463                          
                  Other deductions              1,551,341                             
        9-30-91       Farm income/capital gain            150,392                     
                  Depreciation expense          792,666                               
                  Interest expense              20,071                                
                  Other farm deductions               491,360                         
                  Guaranteed payments           4,914                                 
        9-30-92       Farm income/capital gain             65,734                     
                  Depreciation expense                262,938                         
                  Interest expense              48,985                                
                  Other farm deductions              272,873                          
                  Accounting fees                       3,086                         
                  Guaranteed payments           3,386                                 

        DGE 84-3                                                                      
        TYE         Adjustments                                                       
        12-31-87     Depreciation expense                432,900                      
                  Interest expense              151,515                               
                  Other farm deductions         598,176                               
                  Guaranteed payments                  5,981                          
                  Investment credit                 1,425,500                         
        12-31-88      Depreciation expense                454,545                     
                  Interest expense              151,515                               
                  Other farm deductions         598,176                               
                  Guaranteed payments                  8,022                          
                  IRA contribution              28,000                                
        9-30-89       Depreciation expense                228,769                     
                  Interest expense              151,515                               
                  Other farm deductions         508,329                               
                  Guaranteed payments                  5,159                          
        9-30-90   Farm income/capital gain          2,054,133                         
                  Depreciation expense                398,000                         
                  Interest expense              355,000                               
                  Other farm deductions         422,343                               
                  Guaranteed payments                  4,223                          
        9-30-91       Farm income/capital gain            148,621                     
                  Depreciation expense                398,000                         
                  Interest expense              182,735                               
                  Other farm deductions         306,009                               

Page:  Previous  78  79  80  81  82  83  84  85  86  87  88  89  90  91  92  93  94  95  96  97  Next