010.01(B)(i)(5) OPERATING EXPENSES - FARM INCOME.

The following expenses related to farm income are considered operating expenses: (i) Cost of goods sold; (ii) Cost of labor; (iii) Repairs and maintenance; (iv) Interest; (v) Rent of farm, pasture; (vi) Feed purchased; (vii) Seeds, plants purchased; (viii) Fertilizers, lime, and chemicals; (ix) Cost of machines leased; (x) Supplies purchased; (xi) Breeding fees; (xii) Veterinary fees, medicine; (xiii) Gasoline, fuel, or oil; (xiv) Storage, warehousing; (xv) Insurance; (xvi) Utilities; (xvii) Freight, trucking; (xviii) Conservation expenses; (xix) Land clearing expenses; and (xx) Employee benefit programs.