The Rural Voice, 1986-04, Page 74FARM ADVICE
valuation day value) -
undepreciated value.
GROUP 1 = '/2 ($117,300 -
$17,300) - $10,000 = $40,000 ex-
tra income
MSQ = '/z ($95,200 - $5,200) -
$5,000 = $40,000 extra income
So a total of $80,000 has to be add-
ed to taxable income in the year of
the quota sale.
If he had no other taxable in-
come that year, income tax on
$80,000 is $33,400. So, net returns
from the quota sale = $212,500 -
$33,400 = $179,100.
If he sold the herd as well that
year, and already had a $50,000
taxable income, adding the
$80,000 quota sale brings another
$4,000 income tax. So net returns
on quota sale in this case =
$212,500 - $43,000 = $169,500.
Income tax might be further
reduced by splitting the sale of the
quota over two years, by forward
averaging income or using five
year block averaging.
Perth County Farm News
GROUND FAULT
INTERRUPTERS
Faulty electrical circuits are one of
I he main causes of farm fires. A re-
cent invention called the Ground
Fault Interrupter is an inexpensive
device that meters electrical cur-
rent. If an electrical circuit is not
functioning properly the Inter-
rupter will cut off the supply of
electricity and eliminate any
danger. Contact your electrical
contractor or Ontario Hydro
about Ground Fault Interrupters
today.
Farm Safety Association
THE PROPER
FIRE EXTINGUISHER
A proper fire extinguisher on your
farm could save your life and save
you thousands of dollars. Each
year in Ontario, a number of peo-
ple are killed in farm fires;
damages costs millions of dollars.
Often a fire can mean financial
ruiti to a farmer even if he has in-
surance. Many of the lives and
dollar losses could have been
prevented with a few inexpensive
fire extinguishers placed
strategically about the farm.
Check your fire protection today.
Farm Safety Association.
DON'T WAIT FOR SPRING
See
CLINTON ENGINE SERVICE
For
ALL YOUR MOTORCYCLE/ATV & SMALL ENGINE SERVICE NEEDS
• Licensed Mechanics • Small Engine Specialists
• Service to Motorcycles, ATV's
& ALL SMALL ENGINES
CLINTON ENGINE SERVICE,
267 Victoria St., Clinton
519-482-5322
%;Ifitjo
1 4
PROVEN GENETICS PRODUCING POSITIVE RESULTS
Proof That Our Program is Working
Shows In Our Results
le Agnculrure HOG CARCASS GRADING CERTIFICATE MOOUCE• 101•111TNIS COPT /0• x0C DrrICNNCr P•OC...
Canada CERTIFSCA T OE CLASSEMENr DES PORES lavIIJ••ICO•SEAVE• POD. P.NNENI D •0•0,or SUS :t SPD•CS
G•AOrtG,NSPE CTD• .. _;:'.r.- 060 417 2 4
NSPECIEU.r CIASSM.CAIEU•
/.•..0.1. NL•
.1•11,••,S, al a liL.1,.
•,•0. 1 ix•NI -SIM
.
.Pi&t.lrLL,
54491
THAMES BEND FARMS, STATEMENT NO. 05973711
g
,.......t., t •RP.rtw
N.x•x u1 • n , u• r„r ,
N TMUR b SONS LTD..
DUALITY MEAT PACKERS LTD.
a
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r.,,O'
',Of r•,oV.,,.Of
.ocsSOTS...,
.0Atl
r,Ie1L
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4.045 .w
LOT NO
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STR 004
05/27/85
05/27/85
66.48
ADJUsTNENiS
SETTLEMENT. REGLEMENT
r DESCR,PTION
DEDUCTIONS
ADDITIONS
NO
IINERT
INERT
EILM
,..a.,
PRICE
PIC
Nr-
MOH, AN
TRANSIT INSURANCE
MKT SERVICE 1.000PC
3.69
51.68
1
5
2
6
8
10
102
103
105
107
108
110
190 3
888
344
1045
1415
1749
66.4878
68.47
69.80
71.13
71.80
73..13
1O1NTANf
130.87
608.01
240.11
743.31
1015.96
1279.04
L¢I,
TOTAL ADJUSTMENT
55.37
4
3
112
113
679
522
74.46
75.12
505.58
392.13
la
i
NET ADJUSTMENT •
55.37
1
114
175
75.79
132.63
Z
C
• RESULTS at the swine R.O.P. test station
• RESULTS with home testingLT
• RESULTS at competitions AVG
108.1
175
71.87
126.03
• RESULTS from our satisfied customers
41
7190
5167.30
• RESULTS with our market Indexes
.1,.•.,..,11..,•.
-55.37
I
5111.93
A Complete Economical Program for Herd
Repopulation and Future Herd Health Maintenance
With market results like the above. now is the time to replace those older less productive sows with lop guali•
ty F' gilts which will give the same results as the above: with customer commercial producerS attaining as
high as 10.5 weaned pigs per litter.
Good quantities of R.O.P. tested Boars now available,
privately or through production sales.
WEDNESDAY, JUNE 11 7:00 P.M.
For further information & catalogues, contact:- (/
g Fa 1 ir , ,
1 0 0 k
YORKSHIRE DUROC HAMPSHIRE LANDRACE & HYBRIDS
Richard & Warren Stein
R.R. #6, Woodstock, Ontario N4S 7W1
(519) 655.2942 or 462.2704
APRIL 1986 73