1. Profit Goals. One family owns and operates Bella Acres Cattle Company. They have developed Red, Blue, and Purple ribbon total family income goals, which includes income from all sources farm and non-farm of the following: Red: 85,000 Blue: $120,000 Purple: $150,000 One of the spouses has off-farm employment that provides health insurance and pensions along with $45,000 per year total in family income. The on-farm cattle company is expected to earn the rest. They have a 300 head feedlot that they plan to fill twice a year, or 600 total head. Death loss is expected to be two percent. Given this information, complete the table below to derive the profit goal per head for each profit category. Profit Category Total Family Income Goals from all Sources, Farm and Non-Farm Off-Farm Income Income Needed Average Profit per Head from Bella Needed to Meet Income Acres Cattle Goal ($/head) - round to Company a whole number Red Blue Purple 1. Profit Goals. One family owns and operates Bella Acres Cattle Company. They have developed Red, Blue, and Purple ribbon total family income goals, which includes income from all sources farm and non-farm of the following: Red: 85,000 Blue: $120,000 Purple: $150,000 One of the spouses has off-farm employment that provides health insurance and pensions along with $45,000 per year total in family income. The on-farm cattle company is expected to earn the rest. They have a 300 head feedlot that they plan to fill twice a year, or 600 total head. Death loss is expected to be two percent. Given this information, complete the table below to derive the profit goal per head for each profit category. Profit Category Total Family Income Goals from all Sources, Farm and Non-Farm Off-Farm Income Income Needed Average Profit per Head from Bella Needed to Meet Income Acres Cattle Goal ($/head) - round to Company a whole number Red Blue Purple