TABLE 3. Equipment summary for a 480 acre sprinkler-irrigated farm with above average management, Lea County, 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      VALUELUBRICANT   REPAIR   PER HR   PER HR           CIATION    TAXES PER HOUR
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TRACTOR 126 HP                  344        1  $11,285   $3,206   $1,580    $9.32    $4.59              $900      $85    $2.86
TRACTOR 155 HP                  483        1  $17,080   $5,533   $5,172   $11.46   $10.71            $3,500     $199    $7.66
COTTON STRIPPER (MTD)            89        1   $3,010              $446             $5.00            $1,150      $44   $13.39
SWATHER 16 FT                    69        1  $15,215     $360     $492    $5.24    $7.15            $2,750     $208   $43.03
BALER PTO 2-WIRE & ACCUM.       156        1   $4,720              $455             $2.92              $550      $42    $3.79
DISC 14 FT                       76        1   $3,000              $139             $1.83              $400      $23    $5.57
DRILL 13 FT                      23        1   $2,150               $62             $2.71              $430      $16   $19.48
PLOW (MOLDBOARD) 4-14 IN         79        1   $4,000              $190             $2.40              $533      $30    $7.13
CHISEL 9 PT.                     16        1   $1,350               $19             $1.16              $180      $10   $11.94
PLANTER 6-ROW                    24        1   $4,250              $131             $5.36              $850      $32   $36.10
FLOAT 12 FT                       4        1     $500                $0             $0.02               $53       $3   $14.13
CULTIVATOR 6-ROW                 56        1   $2,500               $87             $1.55              $333      $19    $6.28
FRONT END LOADER                156        1   $2,550                $0             $0.00              $255      $19    $1.76
SHREDDER 4-ROW                   20        1   $2,500               $23             $1.15              $333      $19   $17.50
ANHYDROUS APPLICATOR             18        1   $1,500               $34             $1.89              $200      $11   $11.70
FERT SPREADER DEALER FURNIS      20
MODULE BUILDER                   89        1   $8,000              $663             $7.44            $1,067      $61   $12.65
CENTER PIVOT SPRINKLER         6261        3  $45,000     $235   $1,002    $0.04    $0.16            $6,000     $341    $1.01
NATURAL GAS WELL               6261        5  $74,375  $14,572   $1,252    $2.33    $0.20            $5,950     $563    $1.14
                                             ________   _______  _______                           ________  _______
                                             $202,985  $23,906  $11,746                             $25,435   $1,725
 
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