Depreciation and Other Capital Adjustments
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net Farm Income)
| Avg. Of | |||
| All Farms | Low 20% | High 20% | |
| Number of farms | 72 | 14 | 15 |
| Net operating profit | 125,106 | 28,975 | 254,567 |
| Breeding Livestock | |||
| Ending inventory | 146 | - | - |
| Capital sales | - | - | - |
| Beginning inventory | 176 | - | - |
| Capital purchases | - | - | - |
| Depreciation, capital adjust. | -31 | - | - |
| Machinery and Equipment | |||
| Ending inventory | 192,946 | 105,614 | 254,826 |
| Capital sales | 3,246 | 825 | 1,779 |
| Beginning inventory | 180,252 | 97,723 | 239,265 |
| Capital purchases | 35,437 | 21,330 | 43,123 |
| Depreciation, capital adjust. | -19,497 | -12,614 | -25,784 |
| Buildings and Improvements | |||
| Ending inventory | 22,758 | 20,259 | 38,600 |
| Capital sales | - | - | - |
| Beginning inventory | 22,192 | 19,748 | 38,601 |
| Capital purchases | 1,504 | 1,011 | 1,637 |
| Depreciation, capital adjust. | -938 | -501 | -1,637 |
| Other Capital Assets | |||
| Ending inventory | 193,095 | 61,004 | 344,351 |
| Capital sales | 6,214 | 2,432 | 19,453 |
| Beginning inventory | 189,346 | 64,771 | 339,727 |
| Capital purchases | 2,111 | - | 700 |
| Depreciation, capital adjust. | 7,852 | -1,335 | 23,378 |
| Total depreciation, capital adj. | -12,613 | -14,450 | -4,043 |
| Net farm income | 112,493 | 14,525 | 250,524 |