I N C O M E  &  E X P E N S E  --  M T D / Y T D
Income Accounts

                                        01/01/1998    06/01/1998    Monthly
 Group           Account                12/31/1998    06/30/1998    Average
 CROP SALES:     4001 WHEAT SALES         16100.00       4100.00    2683.33
                 4002 DURUM SALES          3500.00       1500.00     583.33
                 4012 CANOLA SALES         9000.00       6000.00    1500.00
 MARKET LVSTK:   4251 BEEF CALF SALES      3000.00          0.00     500.00
 LVSTK PRODUCT:  4301 MILK SALES          24000.00       4000.00    4000.00
 CULL BREEDING:  4351 CULL COW SALES       3000.00          0.00     500.00
 PAYMENTS:       4401 DEFICIENCY PAYMTS    1500.00       1500.00     250.00
 NONFARM INCOME: 4702 NONFARM BUSINES INC  1000.00        500.00     166.67

   Total Income:                          61100.00      17600.00
 

Expense Accounts

                                        01/01/1998    06/01/1998    Monthly
 Group           Account                12/31/1998    06/30/1998    Average
 CROP:           5010 SEED                 6100.00       2300.00    1016.67
                 5020 FERTILIZER           4500.00       1000.00     750.00
                 5030 CHEMICALS             100.00        100.00      16.67
                 5050 DRYING FUEL           100.00        100.00      16.67
 LVSTK FEED:     5101 FEED BEEF            6000.00       2000.00    1000.00
 FUEL & OIL:     5255 FUEL BULK             600.00        100.00     100.00
 PAYROLL:        5601 EMPLOYEE #1         16687.40       1432.91    2781.23
 MISC FARM EXP:  6103 MISCELLANEOUS EXP     600.00         50.00     100.00
 PURCHASES:      6201 MACHINERY PURCH     15000.00          0.00    2500.00

   Total Expenses:                        49687.40       7082.91

   Net Income:                            11412.60      10517.09