At harvest time he would first reap portion of his crop to secure a supply of horse feed for the following year, say, 10 acres:—
| Reaping and haymaking, 2 men's wages for three days at $1.92, food $0.48 per day | $14.40 |
| Twine (for binding the sheaves) | 6.00 |
| Harvesting the wheat crop: One man's wages $1.92, food $0.48 per day for forty day | 96.00 |
| One hundred dozen bags at $1.68 per dozen | 168.00 |
| Horsefeed, 5 tons chaff at $19.20 per ton | 96.00 |
| Cartage, 1000 bags wheat at $0.18 per bag | 180.00 |
| $560.40 |
This is reckoning the crop as averaging 15 bushels per acre, when the returns would be:—
| 15 tons of chaff (a low estimate) at $19.20 per ton | $288.00 |
| 1200 bags of wheat, 3600 bushels at $0.80 per bushel | 2880.00 |
| $3168.00 | |
| Less expenditure ($345.60, $560.40) | 906.00 |
| Balance | $2262.00 |
To be thoroughly correct we should allow for:—
| Interest on plant, costing, say, $1920.00 at 5 per cent. | $96.00 |
| Depreciation of plant, 10 per cent. | 192.00 |
| Rent on 250 acres at $1.20 per acre | 300.00 |
| Total | $588.00 |
And in addition allow for the value of the farmer's own labour:—