Crops & feed revenue	145,600
Livestock and livestock product revenue	215,300
Total nonfarm income	12,000
Total farm operating expenses	252,629
Depreciation expense	50,526
Income tax expense	10,827
Interest expense	64,962
Withdrawals for family living	28,000
Principal payments on unpaid operating debts	0
Principal payments on current portions of debt & leases	29,890

1) Calculate capital replacement and term debt repayment capacity for LongView Farms.

2) Calculate capital replacement and term debt repayment margin (CRDRM) for LongView Farms.

3) Solve the percent that crop revenue and livestock revenue can decline and still maintain positive CRDRM.

4) Solve the percent operating expenses and interest expenses can increase and still maintain positive CRDRM.