192 MISCELLANEOUS FARM SUBJECTS 



The following items of gross receipts and expense are taken 

 from the day book of this farm for the year 1909 : 



GROSS RECEIPTS. 



Alfalfa hay $1,295 



Corn, 700 bushels at 70c per bushel 490 



Wheat, 100 bushels at $1 per bushel 100 



Total farm crops $1,885 



Potatoes, 3,000 bushels at 85c per bushel $2,550 



Melons 297 



Cabbage 150 



Sugar corn . . 500 



Other small stuff.. 400 



Total garden $3,897 



Sheep (wool only) $ 175 



Hogs 300 



Chickens (eggs) 150 



Total live stock and poultry $ 625 



Bank props* $ 275 



Outside labor (husking and shredding) 150 



Total miscellaneous $ 425 



Total $5,760 at 5% 278 



Labor 1,084 



Manure 225 



Commercial fertilizers 270 



Five per cent depreciation on machinery 175 



Repairs on machinery (1909) 160 



Taxes 40 



Seeds 70 



Insurance 5 



Total gross income $6,832 



EXPENSE. 



Rent . . $1,200 



Interest on investment 



Live stock (owner's valuation) .. .$2,260 



Equipment (owner's valuation) . . 3,500 



Total expense $3,457 



Net returns from .the farm $3,375 



No household account is kept, so that the surplus over the cost 

 of living is not obtainable. The tenant considers his time worth 

 $8 per day. This would amount to a salary of $2,500 per year, and 



Stakes to support earth banks. 



