Repository: UIHistories Project: Board of Trustees Minutes - 1930 [PAGE 214]

EXTRACTED TEXT FROM PAGE:

1929]

UNIVERSITY O F ILLINOIS

211

Schedule D CARTER-PENNELL FARMS COMPARATIVE OPERATING STATEMENT FOR 6 CROP YEARS 1923 TO 1928 INCLUSIVE Total for 5 Crop 1921[ Years 1013 to 1927 Crop Y er a {See Sck ,.K) Inclusive $1 53640 {See February 20, 36 50 102S Report) 9 18 North Farm 38 1 5 Income $4 756 18 37 89 Expense 2 05 Seed 185 68 1 8 78 5 (282 75) Repairs 360 59 #1 253 65 Insurance 104 49 1 31373 Limestone 84 90 117 2 5 Water 11 79 Miscellaneous 69 03 41 30 Topographical Survey 2732 Permanent Improvements 274 11 1 6 62 0 (265 17) Total Expense (1 986 96 U 117 91) $1 048 56 Net Income #3 481 60 10 638 27 2 850 13 South Farm 1 856 57 547 92 Income 5 725 42 Expense Schedule E235 51 Seed CARTER-PENNELL FARMS Repairs 130 67 INCOME A N D EXPENSE 1928 CROP YEAR Insurance 97 19 North South Miscellaneous 31 58 Farm Farm Topographical Survey 27 32 Income Permanent Improvements 216 19 Rent Total Expense $ 18500 (738 46) Sale ofNet Income Produce o m (less Inventory March 1, 1928) 868 74 Both CFarms Oats 259 99 Income Net Income from Partnership Revolving Operations Expense (See Sch. F (Sch. A ) ti 23 Net Income ) £8 615 536 40 $2 302 21 Total Income $1 536 40 $1 313 73 Expense Seed (Clover, etc.) 36 50 117 25 Repairs Barn, etc 9 38 Insurance 38 15 41 30 Limestone Fertilizer 37 89 Miscellaneous 2 05 Permanent Amortization of Improvements (Sch. C).. 158 78 106 62 Total Expense $ 282 75 $ 265 17 Net Income (Sch. A ) $1 253 65 Ji 048 56

Total 6 Years 1923 to 1928 $6 292 58 122 18 369 97 142 64 122 79 II 79 71 08 27 32 432 89 (1 400 66) $4 891 92 7 039 15 352 76 130 67 138 49 31 58 27 32 322 81 (l 003 63) $6 03S 52 13 331 73 2 404 29 glo 927 44

Total $ 185 00 868 74 259 99 1 S3Q 40 $1 850 13 «53 75 9 38 79 45 37 89 2 92 * 547 05 $1 265 40 302 21