Question: question 26 and 27 help please Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities

 question 26 and 27 help please Current assets Fixed assets $403.500

$1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities

Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities

question 26 and 27 help please

$587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Current assets Fixed

assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340

Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Net Income Statement Name: Grumpy Farms Year 20K $293.328 283.815 577,143 ash farm income Corn Sales Hog Sales Gross Cash farm Income Inventory changes Corn Total inventory change Gross larm revenue 21.850 21,850 $598.993 $367,800 53.000 Cash farm expenses Depreciation Total operating expenses Total interest expense Total expenses $420.800 $39.000 $459.800 $139.193 Net farm income from operations (NFIO) Capital Adjustments Machinery (sold tractor) $151,693 Net Farm Income (NF) $45.000 Note: the unpaid labor and management expense was Net Worth Statement (market value) Date: 1/01/20xx Date: 12/21/20 Name: Grumpy Farms Beginning Ending Average Assets Current assets Fixed assets $403.500 $1.112.500 $45013 40 $1,250.000 $426,920 S1.1810250 $1,516.000 $1,700.340 $1.608. 170 Total farm assets C Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Current assets Fixed assets $403.500 $1.112.500 $450.340 $1,250.000 $126.920 $1.181.25 Total farm assets $1.516.000 $1,700.340 $1.608.170 Liabilities Current liabilities Intermediate liabilities $192625 $195.025 $392.000 $190.230 $385.050 $38895 Total liabilities $587.025 $575.280 $$81. 153 Net Worth $928.975 $1.125,060 $1.027.018 Net Income Statement Name: Grumpy Farms Year 20K $293.328 283.815 577,143 ash farm income Corn Sales Hog Sales Gross Cash farm Income Inventory changes Corn Total inventory change Gross larm revenue 21.850 21,850 $598.993 $367,800 53.000 Cash farm expenses Depreciation Total operating expenses Total interest expense Total expenses $420.800 $39.000 $459.800 $139.193 Net farm income from operations (NFIO) Capital Adjustments Machinery (sold tractor) $151,693 Net Farm Income (NF) $45.000 Note: the unpaid labor and management expense was Net Worth Statement (market value) Date: 1/01/20xx Date: 12/21/20 Name: Grumpy Farms Beginning Ending Average Assets Current assets Fixed assets $403.500 $1.112.500 $45013 40 $1,250.000 $426,920 S1.1810250 $1,516.000 $1,700.340 $1.608. 170 Total farm assets C

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