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Swanney River Farm grows soybeans for the cash market. Cash revenues, expenses, and all additional relevant information for 2020 for Swanney River are summarized in
Swanney River Farm grows soybeans for the cash market. Cash revenues, expenses, and all additional relevant information for 2020 for Swanney River are summarized in the table below. Compute the firm's CDRM and enter it in the empty cell in Row 13. 1 2 3 4 5 6 7 8 9 10 11 12 13 Farm Sales Other revenue and adjustments Value of farm production Operating expenses (inclusive of depreciation) Interest expenses Net farm income from operations CDRM Total nonfarm income Depreciation expense Income Tax expenditures Withdrawals for family living Principal payments on unpaid operating loans Principal payments on current portions of debt and leases $337,536 $(6,536) ?? $249,719 $28,531 ?? $14,400 $43,200 $14,400 $52,000 $0 $24,800 [CDRM]
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