32 COST AND PROFITS 



As against. the returns, we have the expenditure side 

 of the account, estimated as under, for each bouse: 



Sept. to May 6, inclusive. 



Interest on investment $100.00 



Depreciation, eight months 50.00 



Fuel 80.00 



Labor 725.00 



Seed 3 5.00 



Fertilizer, fumigants and stakes 5 5.00 



$545-00 

 The cost of fuel is based upon the average cost of a 

 single house with independent heating plant, and may be 

 reduced where an efficient central heating apparatus is 

 used with a lower grade of fuel. It should be noted, too, 

 that the increase in the value of the land would in certain 

 cases offset the depreciation account considerably. 



Analyzing the profit and cost of the two houses, we 

 therefore arrive at the following results: 



Gross returns $1700.00 (or $850.00 for each house) 



Gross expenses 1090.00 (or $545.00 for each house) 



Total of profit $610.00 



From this, of course, would have to be deducted 

 freightage and commission charges where the flowers were 

 sent to the wholesale market; but, on the other side of the 

 account, as the owner of the greenhouse or greenhouses 

 may do all the necessary work himself, or with assistance 

 from his wife or family, the sum of $450 for labor can be 

 added to the above net profit account, which would then 

 make it $1060. During the same period the side or bench 

 crops (allowing for a minimum of 600 sq. ft. of bench space 

 at 30c. profit per foot) would yield $180, bringing up the 

 net income to $1240; and with a crop of Tomatoes 

 during the Summer months, $400 to $500 more can be 

 added, making the grand yearly total $1740. Or the 

 Sweet Peas could be continued until the middle of June, 



