38 



Fourth year. 

 Expendable : 



Clearing 25 hectares ; P'l.OOO 



Purchase of 25,000 abaca roots.. 1,000 



Lining, holing, planting, etc 125 



Cultivation, first and second year's plantings 750 



Cultivation, third and fourth year's plantings 500 



Manager's salary and subsistence 3,120 



Overseers' salaries 600 



Transportation and handling of 750 piculs prior to shipping 75 



Depreciation 360 



Extra tools, two carts, etc _ 200 



Total _ 7,730 



Income : 



25 hectares, full crop, 500 piculs, and 25 hectares, half crop, 250 piculs ; 



total, 750 piculs, at P7 net 5,250 



Debit balance 2,480 



Fifth year. 

 Expendable : 



Cultivation of 50 hectares, at ?20 per hectare ^1,000 



Cultivation of 50 hectares, at ?"10 per hectare 500 



Manager's salary and subsistence 3,120 



Overseers' salaries 720 



Depreciation 400 



Repairs, improvements, and additions 200 



Handling 1,250 piculs of hemp prior to shipping 125 



Total 6,065 



Income : 



From 50 hectares, full crop, 1,000 piculs, and from 25 hectares, half 



crop, 250 piculs; total, 1,250 piculs, at ?=7 per picul 8,750 



Credit balance 2,685 



Sixth year. 

 Expendable : 



Cultivation of 75 hectares, at ?=20 per hectare Fl,500 



Cultivation of 25 hectares, at ?=10 per hectare 250 



Manager's salary and subsistence 3,120 



Overseers' salaries 720 



Handling 1,750 piculs of hemp prior to shipping 175 



Depreciation 400 



Total " 6,165 



Income : 



From 75 hectares, full crop, 1,500 piculs; from 25 hectares, half crop, 



250 piculs; total, 1,750 piculs, at T7 - 12,250 



Credit balance 6,085 



