TABLE 3a.  Equipment summary for a 60 acre farm with above average management, Grant and Catron Counties, 2001.
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         EQUIPMENT                                            VARIABLE COSTS                               FIXED COSTS
---------------------------  ANNUAL                   ---------------------------                  ---------------------------
                             HOURS               TOTAL FUEL AND         FUEL,LUBE   REPAIR           DEPRE-              TOTAL
   ITEM & SIZE               OF USE  NUMBER     VALUE LUBRICANT   REPAIR   PER HR   PER HR           CIATION    TAXES PER HOUR
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TRACTOR 65 HP                    81        1   $2,000     $414   $31.22    $5.11    $0.39              $138      $16    $1.90
PICKUP 3/4 TON *                 50        1  $11,000     $331  $110.00    $6.62    $2.20            $2,200      $65   $45.31
CORRUGATER                        3        1     $250             $0.03             $0.01               $33       $1   $10.75
BALER, PTO 2-WIRE                27        1   $1,500            $16.20             $0.60              $150       $9    $5.89
LAND PLANE 8 FT.                  4        1   $1,000             $0.17             $0.04              $133       $6   $32.24
DISC 8 FT                         4        1     $700             $3.23             $0.87               $93       $4   $26.21
PLOW (MOLDBOARD) 2-16 IN          8        1     $250             $1.97             $0.25               $33       $1    $4.43
DRILL 8 FT.                       2        1   $1,000             $1.18             $0.48              $200       $6   $83.71
SWATHER, PTO 10 FT.              28        1   $5,000            $14.00             $0.50              $500      $30   $18.92
MOWER 7 FT SICKLE BAR             5        1   $1,300             $1.64             $0.36              $130       $8   $30.60
BUTANE WELL                       0        1  $11,400             $0.00                              $1,520      $68
                                              _______   ______  _______                            ________  _______
                                              $35,400     $745     $180                              $5,131     $214
 
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*  1/4 CHARGED TO FARM.