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Cow cost per head....2020
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<blockquote data-quote="Lucky" data-source="post: 1659442" data-attributes="member: 32659"><p>It's really hard to figure what I would call capital expenditures in on the cattle operation. Last year I spent $10,000 on a new feed bin and about $1,500 upgrading a feed bunk system I already had about $2,000 in. I'm going to guess the bin will last 20 yrs and still be worth $5,000, the bunk system will probably last the rest of my life with minimal maintenance. Both the bin and the bunk feeders make my life easier and save time and money. How would y'all say to expense this? 10 yrs ago I bought a new tractor for $38,500 5yrs later I sold it for $38,000, how do you expense that out? I guess what I'm getting at is when you spend money on something it should have a pay back, most I know just see spending money as a dead expense and can't see the payback.</p></blockquote><p></p>
[QUOTE="Lucky, post: 1659442, member: 32659"] It’s really hard to figure what I would call capital expenditures in on the cattle operation. Last year I spent $10,000 on a new feed bin and about $1,500 upgrading a feed bunk system I already had about $2,000 in. I’m going to guess the bin will last 20 yrs and still be worth $5,000, the bunk system will probably last the rest of my life with minimal maintenance. Both the bin and the bunk feeders make my life easier and save time and money. How would y’all say to expense this? 10 yrs ago I bought a new tractor for $38,500 5yrs later I sold it for $38,000, how do you expense that out? I guess what I’m getting at is when you spend money on something it should have a pay back, most I know just see spending money as a dead expense and can’t see the payback. [/QUOTE]
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