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WHY ARE CASH RECEIPT ESTIMATES FOR HORSES SO DIFFERENT FROM VALUE OF SALES NUMBERS COMING FROM THE CENSUS?

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WHY ARE CASH RECEIPT ESTIMATES FOR HORSES SO DIFFERENT FROM VALUE OF SALES NUMBERS COMING FROM THE CENSUS?

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Cash receipts for horses may include items that the census categorized as “farm related” income. Such activities as boarding, riding fees, and stud fees are really “farm related” income if there is no separate business. The annual cash receipts simply have these combined.

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