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Use the following information for LongView Farms to analyze their financial feasibility crop revenue 567,965 Total farm operating expenses 252,629 Income tax expense 54,000 Interest

Use the following information for LongView Farms to analyze their financial feasibility crop revenue 567,965 Total farm operating expenses 252,629 Income tax expense 54,000 Interest expense 64,962 Principal payments on current portions of debt & leases 45,000 Withdrawals for family living is 35% of net farm income from operation

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