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#8. The information for Fanny Farm's income statements for 2009 and 2010 is shown in the following table. Income Statement Value of farm production Nondepreciation

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#8. The information for Fanny Farm's income statements for 2009 and 2010 is shown in the following table. Income Statement Value of farm production Nondepreciation operating expenses Depreciation expense Interest expense on term debt Net farm income from operations 2009 2010 S139.160 $160.034 76,538 79,321 15.000 16.000 14,571 14.570 S 33.051 S 50.143 Other Information Family living withdrawals Nonfarm income Income tax expense Other income from farm assets Principal payments on term debt and capital leases Interest payments on term debt and capital leases 2009 2010 $ 25,000 S 25.700 0 0 $ 9,091 S 6,700 0 0 S 12,000 S 14,000 $ 13.500 S 12,240 A. Calculate the capital debt repayment margin (CDRM) for 2010. Please show your work. (6 points) B. Calculate the term debt and capital lease coverage ratio for 2010. Please show your work Round the ratio answer to 2 decimals. (3 points)

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