TABLE 3. Equipment summary for a 960 acre, sprinkler-irrigated farm with above average management, Blackwater Draw area,
         2000.
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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 140 HP, M4WD            487      1  $23,900    $5,351    $4,488   $11.00    $9.22       $3,493     $186    $7.56
TRACTOR 185 HP, M4WD            766      1  $52,400   $11,126    $7,436   $14.53    $9.71       $5,995     $320    $8.25
PLANTER 8-ROW                    50      1   $5,500                $495            $10.01       $1,100      $39   $23.01
ROLL-PACKER 12 FT                43      1   $1,000                 $11             $0.26         $143       $7    $3.53
CULTIVATOR 8-ROW                131      1   $3,200                $235             $1.79         $427      $23    $3.42
DISC 21 FT                      129      1   $6,000                $433             $3.36         $800      $43    $6.54
CHISEL 21 FT                     83      1   $1,650                 $82             $0.99         $220      $12    $2.81
FLOAT 12 FT                       5      1     $500                  $0             $0.02          $53       $3   $11.83
DRILL 21 FT                      24      1   $4,500                $135             $5.67         $900      $32   $39.24
LISTER 8-ROW                    111      1   $3,200                $203             $1.82         $427      $23    $4.04
PLOW (MOLDBOARD) 5-14 IN        127      1   $5,100                $362             $2.86         $680      $36    $5.65
RAKE                             50      1   $3,400                $146             $2.92         $340      $24    $7.28
FERT SPREADER DLR FRN
SPRAYER (MTD)                     0      0       $0                  $0             $0.00           $0       $0    $0.00
DIG AND INVERT 4-ROW             60      1   $7,500                $162             $2.70       $2,500      $53   $42.56
ROD WEEDER 8-ROW                 13      1     $625                  $7             $0.54          $83       $4    $6.75
SWATHER 14 FT SP                100      1   $6,000      $524      $551    $5.24    $5.51       $1,450     $103   $15.53
BALER 1-TON                      44      1  $59,280                $343             $7.85       $5,812     $310  $139.92
FRONT END LOADER (MTD)          156      1   $2,550                  $0             $0.00         $255      $18    $1.75
PEANUT THRASHER                 200      1  $15,000                  $0             $0.00       $2,000     $107   $10.53
PEANUT TRAILER                   93      4   $6,000                 $17             $0.18         $800      $43    $9.11
CENTER PIVOT SPRINKLER        9,677      7 $105,000      $374    $8,758    $0.04    $0.91      $14,000     $746    $1.52
ELECTRIC WELL                 9,677      6  $94,500   $63,578      $876    $6.57    $0.09       $9,450     $672    $1.05
                                           ________  ________  ________                       ________  _______
                                           $406,805   $80,953   $24,740                        $50,928   $2,803
 
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