What is the net farm income from operations ratio for 2010? O 10.50% 0 10.80% 23.80% 031.30% 55.00% 2009 2010 2009 2010 $ $ 139,160 160,034 76,538 79.321 15.000 16,000 14.571 14,570 33,051 50.143 $1,000 $1.200 60,000 40,000 1.000 1.000 62,000 42.200 INCOME STATEMENT Gross revenues Noudepreciation operating expenses Depreciation Interest expense Net farm income from operations OTHER INFORMATION Family living withdrawals Noufarm income Income tax expense Other income from farm assets Principal payments on current portions of term debt and capital leases Interest payments on term debt and capital leases $ 25,000 $25,700 0 0 9,091 6,700 0 0 100,000 110,000 20.000 18.000 300,000 290,000 15.000 15.000 435,000 433,000 $ $ 497,000 475,200 Balance Sheet ASSETS Current Assets Cash and equivalents Grain and livestock inventory Other current farm assets Total Curent assets Noncurrent Assets Machinery and equipment Buildings Land Other noncurrent farm astets Total Doncurrent assets Total Farm Assets LIABILITIES Current Liabilities Notes payable Accounts payable Current portion of term debt Other current farm labilities Total current liabilities Noncurrent Liabilities Deferred portion of term debt Total noncurrent liabilities Total Farm Liabilities Total Owner's equity Total Liabilities and Owner's equity 12.000 14.000 13.500 12.240 $15.500 $ 10.550 2.325 1.582 12.000 14,000 15,000 20,000 44,825 46,132 150,000 136.000 150,000 136.000 194.825 182.132 302.175 293,068 $ $ 497,000 475,200