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  • Cash Flow Statement

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    This document outlines Danielle Lincoln's cash flow statement for a farm from 2018 to 2021. It lists fixed costs totaling $610,600 including land, equipment, fuel, and fencing. Variable costs are $141,000 primarily from labor and pesticides. Income in the planting years is $72,000 from side jobs and some pumpkin sales. During non-bearing years income is $54,000 from side jobs. In the third year, once the farm is established, total income is $610,000 from fruit and pumpkin sales, marking it as the bearing year.

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    This document outlines Danielle Lincoln's cash flow statement for a farm from 2018 to 2021. It lists fixed costs totaling $610,600 including land, equipment, fuel, and fencing. Variable costs are $141,000 primarily from labor and pesticides. Income in the planting years is $72,000 from side jobs and some pumpkin sales. During non-bearing years income is $54,000 from side jobs. In the third year, once the farm is established, total income is $610,000 from fruit and pumpkin sales, marking it as the bearing year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    27 views2 pages

    Cash Flow Statement

    Uploaded by

    api-311711163
    This document outlines Danielle Lincoln's cash flow statement for a farm from 2018 to 2021. It lists fixed costs totaling $610,600 including land, equipment, fuel, and fencing. Variable costs are $141,000 primarily from labor and pesticides. Income in the planting years is $72,000 from side jobs and some pumpkin sales. During non-bearing years income is $54,000 from side jobs. In the third year, once the farm is established, total income is $610,000 from fruit and pumpkin sales, marking it as the bearing year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Danielle Lincoln

    Cash Flow Statement


    For the Year of 2018-2021

    Fixed Costs
    Land $303,600.00
    Equipment(Tractors, wagons) $50,000.00
    Gas/diesel $3,000.00
    Drip irrigation $4,000.00
    Wind machines $200,000.00
    Fence $50,000.00
    Total Fixed Costs $610,600.00

    Variable Costs
    Labor $10 hour
    Pesticides $ 140,000.00
    Pumpkin seeds $ 1,000.00

    Total Variable Costs $141,000.00

    Income for Planting Years


    Other job $50,000.00
    Firewood $2,000.00
    Pumpkins $20,000.00
    Total Income for Planting Years $72,000.00
    Non-Bearing Years
    Other job $50,000.00
    Firewood $4,000

    Total Non-Bearing Years $54,000.00

    Bearing Year (year 3)


    Cherries $30,000.00
    Peaches $40,000.00
    Pumpkins $40,000.00
    Apples $500,000.00

    Total Income Bearing Year $610,000.00

    Assets
    Equipment $50,000.00
    Land $303,600.00
    Plant Production third year $610,000.00

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