392 ENCYCLOPEDIA OF PRACTICAL HORTICULTURE 



Expenditures Per Year 



Work on orchard (including clover on best orchard) $ 6,000.00 | 1,610.00 



Taxes and insurance, depreciation, repairs, etc 1,250.00 650.00 



Overseeing and incidentals 2,250.00 750.00 



Total expenditures per year $ 9,500.00 $ 3,010.00 



Net income three-year term $112,561.00 $ 26,548.75 



Net income first four-year term 1,800.00 *6,440.00 



Total net income seven years $114,361.00 $ 50,000.00 



Value of orchard end seven years $125,000.00 $ 50,000.00 



Total assets end seven years $239,361.00 $ 76,548.75 



Less original investment 39,500.00 $ 23,500.00 



Total net profits for seven years $199,861.00 $ 53,048.75 



Average net profit per year 28,551.57 7,578.40 



Percentage profit on investment 71% 32% 



>'ext Three Tears' Operations 



Third period — eighth to tenth years inclusive. 



Income Per Tear 



Cherries 11/2 cases per tree $1.25 $ 38,906.25 



Peaches 11/2 bushel per tree $1.00 31,125.00 



Apples 1/2 bushel per tree $0.90 6,075.00 



Cherries % case per tree .$0.75 $ 7,781.25 



Peaches % bushel per tree $0.60 6,225.00 



Total income per year $ 76,106.25 $14,006.25 



Expenditures Per Tear 



"Work on orchard (includes clover on best orchard) $ 6.300.00 $ 2,610.00 



Taxes, insurance, depreciation, repairs, etc 1,250.00 650.00 



Overseeing and incidentals 3,000.00 1,000.00 



Total expenditures per year $ 10.550.00 $ 4,260.00 



Net income per year 65,556.25 9,746.25 



Net income three years 196,668.84 29,238.75 



Net income first seven years 114,361.00 26,548.75 



Value of orchard end of ten years 200.000.00 60,000.00 



Total assets end ten years 511,029.84 115,787.50 



Less original investment 39,500.00 23,500.00 



Total net profit in ten years 471,529.84 92,287.50 



Average net profit per year 47,162.98 9,228.75 



Interest on investment per year 122% 39% 



Next Three Tears' Operations 



Fourth period — eleventh to thirteenth years inclusive. 



Income Per Tear 



Cherries 3 cases per tree $1.25 per case $ 77,812.50 



Peaches 1% bushels per tree $1.00 per bushel 31,125.00 



Apples 3 bushels per tree $0.90 per bushel 36,450.00 



Cherries % case per tree $0.75 per case $ 7.781.25 



Peaches % bushel per tree $0.60 per bushel 6,225.00 



Apples % "bushel per tree $0.40 per bushel 2,700.00 



Total income per year $145,387.50 $16,706.35 



