Find the expected Net Farm Income and Prot and Return to Management for your farm plan. Total gross revenue from all enterprises (from Step 4) Plus other farm income (custom farming) Total gross revenue Total variable costs for all enterprises (from step 4) Fixed costs Interest on long-term loans Insurance, property taxes, etc Cash rent Wages and benets Depreciation Total of variable costs and xed costs Net Farm Income (gross revenue-total expenses) Minus opportunity cost of labor used: Whole Farm $16,500 65,000 26,100 225,000 50,000 46,5 00