Appendix Table IV A. Landlord-Tenant Division of Unshared 



Expenses and of Net Income, Representative Farm 



16 cows, 1+ man 



UNSHARED EXPENSES Percent DoUars 



Landlord's contribution: 



Cash expenses borne entirely by landlord^ 830 



Depreciation (—$100. auto) 1.294 



4% interest on capital ( — $500. on auto) 2 1,176 



Total unshared 53 3,300 



Operator's contribution: 



Cash expenses borne entirely by operator^ 725 



Operator's labor 2,400 



Total unshared 47 3,125 



INCOME 



Division of income (with milk $5.00 cwt) 



Net cash income 2,388 

 Share of eacli party* 



Landlord 1'266 



Operator 1,122 



Operator's living allowance 1,800 



Remainder of net income for savings 678 



Division of income (with 10% higher prices received) : 



Net cash income 3,120 

 Share of each party* 



Landlord 1'654 



Operator 1-466 



Operator's living allowance 1,800 



Remaining for savings 3^4 



1 Taxes, building and fence repairs, insurance on buildings and cattle. 



2 Buildings and equipment at y^ new price. 



3 Auto, hired labor. 



* In same proportion as the total unshared contribution of each. 



59 



