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<br />acres 400 bushels, barley 10 acres 350 bushels, wheat 10 acres 300 bushels, <br /> <br /> <br />irrigated pasture 58 acres will carry 87 livestock units or 435 sheep for <br /> <br />7 months each year. No feed crops are sold. Two acres garden. Guesere <br /> <br />orchard also pastured. 160 acres grazing land also includes farmstead <br /> <br />and some rocky woodland. <br /> <br />Four horses, five dairy cows, two heifers and calves, 250 ewes and six <br /> <br />bucks, two brcod SOt..s and 50 poultry are fed on the farm and the follow. <br />ing income is produced: beef and veal $40, mutton $105, lambs $1,276, <br />pork: and pigs $140, dressed poultry $15, butterfat $250, eggs $36, wool <br /> <br />$673, some little garden produce and fruit are traded at the stores, AAA <br /> <br />pa;ymelllh $201 total cash farm income $2,555. <br /> <br />including also taxes and maintenance, <br /> <br />Expenses are farm operatin&, <br />. /$1,305 <br />irrigation and 0 and Nt family 11",- <br /> <br />ing expense, $480; depreciation $1401 total cash farm and family expense <br /> <br /> <br />$1,925. This would leave an a.nnual net cash balance of $630.* This <br /> <br />would represent an interest earning of 5 per cent on a capital investment <br /> <br />of $12,600. In 40 annual pa;yments it would retire a capital debt. of <br /> <br /> <br />$14,548 amortized for 40 years at 3 per cent si~le interest. This family, <br /> <br /> <br />with a cash livin& cost budget of $480, would also enjoy commodities and <br /> <br />comforts from an irrigated farm, and by tra.cle and barter of gard.en truck <br /> <br />and fruit, that it could not have from a dry-farm. <br /> <br /> <br />*See complete farm plan tor this operation: Exhibit <br /> <br />Part II <br />