Appendix Table IV C. Landlord-Tenant Division of Unshared 



Expenses and of Net Income, Representative Farm 



40 cows, 1+ man 



UNSHARED EXPENSES Percent Dollars 



Landlord's contribution: 



Cash expenses borne entirely by landlord^ 1,513 



Depreciation (—$100. auto) 2,523 



4% interest on capital ( — $500. on auto) 2 2,202 



Total unshared 64 6,238 



INCOME 



Operator's contribution: 



Cash expenses borne entirely by operator^ 1,175 



Operator's labor 2,400 



Total unshared 36 3,575 



Division of income: 



Net cash income 7,415 

 Share of eacli party* 



Landlord 4,746 



Operator 2,669 



Operator's living allowance 1,800 



Remainder of net income for Savings 869 



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



Net cash income 9,261 

 Share of each party^ 



Landlord 5,927 



Operator 3,334 



Operator's living allowance 1,800 



Remaining for savings 1,534 



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

 ~ Buildings and equipment at % new price. 



3 Auto, hired labor. 



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



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