1. One Farmhand would do the work of 20 farm workers. 2. Each farm worker typically works 60 hours on the lettuce thinning process each year. 3. Each farm worker would earn $13 per hour plus 7.65% payroll tax. 4. The Farmhand is estimated to cost $5,500 plus $750 for delivery. 5. Annual costs of operating the Farmhand are expected to be $2,800. Cost-Benefit Analysis Expected Benefits (Cost Savings): Total expected benefits Expected Costs: Total expected costs Net expected benefit (cost) 1. One Farmhand would do the work of 20 farm workers. 2. Each farm worker typically works 60 hours on the lettuce thinning process each year. 3. Each farm worker would earn $13 per hour plus 7.65% payroll tax. 4. The Farmhand is estimated to cost $5,500 plus $750 for delivery. 5. Annual costs of operating the Farmhand are expected to be $2,800. Cost-Benefit Analysis Expected Benefits (Cost Savings): Total expected benefits Expected Costs: Total expected costs Net expected benefit (cost)