TABLE 3
         DEPRECIATION AND OTHER CAPITAL ADJUSTMENTS, 2000             
      North Dakota Farm Business Management Education Program             
                            State Report                                  
                  (Farms Sorted By Net Farm Income) 
                                        Avg. Of                         
                                       All Farms    Low 20%    High 20%
Number of farms                             475          95          95
Net operating profit                     67,079       6,656     160,101
BREEDING LIVESTOCK
  Ending inventory                       57,893      40,969      74,188
  Capital sales                           2,679       1,397       2,647
  Beginning inventory                    53,636      40,154      67,288
  Capital purchases                       7,011       3,889       7,535
  Depreciation, capital adjust.             -75      -1,677       2,012
MACHINERY AND EQUIPMENT
  Ending inventory                      153,771     119,834     255,199
  Capital sales                           1,552         797       1,853
  Beginning inventory                   140,880     119,318     222,355
  Capital purchases                      26,811      12,591      54,166
  Depreciation, capital adjust.         -12,368     -11,279     -19,469
BUILDINGS AND IMPROVEMENTS
  Ending inventory                       24,840      26,473      39,949
  Capital sales                              82          -          296
  Beginning inventory                    23,058      24,424      35,786
  Capital purchases                       2,799       3,036       6,049
  Depreciation, capital adjust.            -935        -987      -1,590
OTHER CAPITAL ASSETS
  Ending inventory                       14,139       8,324      28,703
  Capital sales                             489           5       1,290
  Beginning inventory                    13,462       8,062      27,626
  Capital purchases                         845         467         985
  Depreciation, capital adjust.             321        -200       1,382
Total depreciation, capital adj.        -13,057     -14,143     -17,665
Net farm income                          54,022      -7,487     142,437