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6-8 Calculate Accrual Adjusted Net Farm Income using the appropriate data below. Gain Due to Changes in General Base Values of Breeding Livestock: $5,000 Income

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6-8 Calculate Accrual Adjusted Net Farm Income using the appropriate data below. Gain Due to Changes in General Base Values of Breeding Livestock: $5,000 Income Tax Expense: $5,400 Loss on the Sale of Farm Capital Assets: $1,600 Net Farm Income from Operations: $175,643 Other Revenue: $300 Other Expenses: $160

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