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Caption: Board of Trustees Minutes - 1928
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1928] UNIVERSITY OF ILLINOIS 6ll Schedule E INCOME AND EXPENSE 1927 CROP YEAR North South Total Farm Farm Incomes Rent gi6o 00 $160 00 Sale of Produce Corn (Less Inventory March 1, 1927) 353 82 353 82 Oats 8487 8487 Soybeans 5 00 5 00 Net Income from Partnership Revolving Operations £228 19* 228 19* Unsold Crops (See Schedule B) 165 00 165 00 Total Income £228 19* £768 69 $540 so Expenses Seed (Clover, etc.) 50 63 50 63 Repairs Fence 2082 2851 4933 Pulling Hedge 155 00 155 00 Building Supplies 11 70 11 70 Barn, etc 5 69 1 50 7 1 9 Insurance 39 is 38 69 77 84 Schedule F Limestone Fertilizer 37 89 37 89 Miscellaneous N O R T H F A R M , P A R T N E R S H I P R E V O L V I N G A C C O U N T 1927 C R O P Y E A R Court Costs (Taxes Case) 25 00 25 00 50 00 Income Permanent Sale of Live of Improvements (Schedule C) Amortization Stock 107 94 104 92 212 86 Hogs Total Expense $706 09 19 £249 25 £652 44 £403 Cattle Net Income (Schedule A) 176 2938* *5i9 44 tin 94* £631 Horses 93 00 $ 975 38 *Loss Sale of Grain and Feed Oats 56 30 Soybeans 5 °o 61 30 Sale of Butterfat 145 68 Sale of Poultry and Eggs 216 52 Estimated Value of Unsold Stock and Crops (Schedule B).. 1 062 00 Total Income $2 461 08 Expense Inventory of 1926 Grain and Stock on Hand March 1, 1927 (See February 28, 1927, Report) $2 229 25 Stock Purchased—Chicks 11 20 Feed Purchased 157 89 Seed Purchased 56 98 Breeding Fees 40 00 Medicine and Professional Services 80 75 Water Rent S3 *4 Pasture Rent 10 50 Shelling Corn and Threshing 19 39 Public Sale Expense is is Miscellaneous '4 82 Total Expense ti 689 27 Net Loss (To Operating Account, Schedule E)... $ 228 19
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