Analyze the costs of owning and operating farm machinery.
Enter the purchase price of the equipment
Estimated value of machinery at end of useful life
Number of years the machinery will be used
Total hours the machinery is operated annually
Cost of fuel per hour of operation
Annual cost for repairs and maintenance
Annual interest rate for financed purchases
Annual cost for insuring the machinery
Adjust for unexpected cost variations
Cost for storing the machinery
Chart showing the breakdown of machinery ownership and operating costs.