Appendix Table IV H. Landlord-Tenant Division of Unshared 



Expenses and of Net Income, Representative Farm 



56 cows, 3+ men 



UNSHARED EXPENSES Percent Dollars 



Landlord's contribution: 



Cash expenses borne entirely by landlord^ 1,971 



Depreciation (—$100. auto) 3,010 



4% interest on capital (—$500. auto) 2 2,884 



Total unshared 52 7,865 



Operator's contribution: 



Cash expenses borne entirely by operator^ 5,000 



Operator's labor 2,400 



Total unshared 48 7,400 



INCOME 



Division of income: 



Net cash income 7,066 

 Share of each party* 



Landlord 3,674 



Operator 3,392 



Operator's living allowance 1,800 



Remainder of net income for savings 1,592 



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



Net cash income 9,654 

 Share of each party^ 



Landlord 5,020 



Operator 4,634 



Operator's living allowance 1,800 



Remaining for savings 2,386 



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



2 Buildings and equipment at V2 new price. 



3 Auto, hired labor. 



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



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