NCTC FBM - Moorhead DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS, 1999 Northland Community and Technical College Farm Business Mgt. Moorhead (Farms sorted by Net Farm Income) Average Of Average Of Average Of All Farms Low 20% High 20% ----------- ----------- ----------- Number of Farms 72 14 14 Net operating profit 96683 7768 242350 BREEDING LIVESTOCK Ending inventory 1089 143 5457 Capital sales - - - Beginning inventory 1194 1514 4629 Capital purchases - - - Depreciation, capital adj. -106 -1371 829 MACHINERY AND EQUIPMENT Ending inventory 203625 115755 344916 Capital sales 2976 - 7805 Beginning inventory 198083 111653 330714 Capital purchases 30009 16716 58177 Depreciation, capital adj. -21491 -12614 -36170 BUILDINGS AND IMPROVEMENTS Ending inventory 30407 27317 45747 Capital sales 35 - - Beginning inventory 30144 27660 46753 Capital purchases 1076 - - Depreciation, capital adj. -779 -344 -1005 OTHER CAPITAL ASSETS Ending inventory 226990 96245 288925 Capital sales 9467 1803 2617 Beginning inventory 221584 73422 284852 Capital purchases 11140 24092 3828 Depreciation, capital adj. 3733 534 2862 Total depreciation, capital adj. -18642 -13795 -33485 Net farm income 78041 -6027 208865