ENTERPRISE BUDGET WORKSHEET NAME James Dolly Madison Enterprise Wheat Dryland

ENTERPRISE BUDGET WORKSHEET NAME: James & Dolly Madison Enterprise: Wheat - Dryland - Custom Harvest Number of acres: Acres Harvested Yield: per acre Price: $/bushel $ Operator's share Gov't Pymts $ 69.0 69.0 32.00 bu/ac 3.25 /bu. 66.7 % 900 Quantity stored: 86.25 bu. DATE: 3/1/08 FIELD: Franklin File: WHT3 Percent change in costs Interest rate 10.20 % Interest Starting Month: November PER UNIT TOTAL MAR Error Check 0.00 % 0.00 APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB > > > > > << OPERATING RECEIPTS >> Crop sales: Description unit price quan. ------------ --------------Wheat bu 3 32 (totals) (totals) (totals) TOTAL CASH OPERATING RECEIPTS << OPERATING EXPENSES >> Custom Hire (machine work) Feed Purchased Fertilizer, Lime, Chemicals Freight, Trucking Fuel, Lubricants Insurance Labor Hired Rents (fertilizer spreader) Repairs, Maintenance Seeds, Plants Storage, Warehousing Supplies Taxes - Ad Valorem Utilities Veterinary, Medicine Miscellaneous Government payments Other farm income 65.27 0.00 13.04 0.00 0.00 78.31 4,504 0 900 0 0 5,404 3,002 459 1,501 441 0 0 0 0 3,002 0 459 1,501 0 441 0 0 TOTAL CASH OPERATING EXPENSES NET OPERATING (Rec - Exp) Operating interest expense Net Operating After Interest Contribut'n to Other Enterprise Contribut'n of Other Enterprise Net after contribution Land or Other Fixed Charges Net After Other Charges Notes: 0.00 0.00 16.39 0.00 7.46 0.00 5.54 0.00 9.65 0.63 1.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40.75 37.56 0.15 37.42 20.00 0.00 57.42 0.00 57.42 0 0 1,131 0 515 0 382 0 666 43 75 0 0 0 0 0 0 0 2,812 2,592 10 2,582 1,380 0 3,962 0 3,962 577 198 145 273 134 92 153 69 75 100 113 71 140 43 75 554 0 0 1 (1) 0 0 1 (1) 0 0 1 (1) 616 (616) 6 (623) 379 2,624 0 2,624 244 (244) 0 (244) 944 (485) 0 (485) 75 1,427 0 1,427 0 0 0 0 345 0 441 0 441 345 786 786 0 0 0 0 345 345 345 554 (554) 1 (555) 345 (210) (210) (1) (1) (1) (1) (1) (1) (623) (623) 2,624 2,624 (244) (244) (485) (485) 1,427 1,427 345 345

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