TABLE 2. Equipment summary for a 300 acre farm with above average management, Cibola County, 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      VALUELUBRICANT   REPAIR   PER HR   PER HR           CIATION    TAXES PER HOUR
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TRACTOR 40 HP                    32        1     $750     $140      $12    $4.34    $0.38               $50      $11    $1.88
TRACTOR 65 HP                   154        1   $2,000   $1,084     $125    $7.05    $0.81              $138      $24    $1.05
TRACTOR 93 HP                   209        1   $2,980   $2,111     $251   $10.08    $1.20              $194      $30    $1.07
PICKUP 3/4 TON *                 50        1  $11,000     $457     $121    $9.14    $2.42            $2,200      $96   $45.92
BALEWAGON PTO                   129        1   $2,000            $1,042             $8.08              $800      $70    $6.74
BALER 2-WIRE                    135        1   $1,780                $0             $0.00              $385      $34    $3.09
CULTIVATOR 4-ROW                  3        1   $1,500                $6             $1.86              $120      $13   $39.60
FLOAT 10 FT                      18        1     $450                $1             $0.04               $28       $3    $1.72
DISC 14 FT                       15        1   $3,000               $39             $2.58              $240      $26   $17.60
LISTER 4-ROW                      1        1   $1,600                $3             $1.98              $128      $14   $98.57
PLOW 3-BOTTOM                    37        1   $3,350               $84             $2.28              $268      $29    $8.06
DRILL 12 FT.                     10        1   $2,200               $17             $1.67              $220      $19   $24.23
SPRAYER (MTD) 12 FT               4        1   $1,375                $2             $0.66              $138      $12   $41.52
SWATHER 16 FT.                   69        1  $15,215     $386     $492    $5.62    $7.15            $2,750     $240   $43.49
BORDER DISC 6-DISC                2        1     $300                $1             $0.37               $24       $3   $11.33
FERT SPREADER                    10        1   $2,300               $14             $1.38              $230      $20   $24.04
                                              ________  _______  _______                           ________  _______
                                              $51,800   $4,177   $2,210                              $7,912     $642
 
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*  1/4 CHARGED DIRECTLY TO CROP.