Barn 'Walker' milking cows

The Walker farm generates a gross income of nearly $18,000 annually, with a net profit of about $9,000. John Walker, the farm owner, reinvests a significant portion of his earnings into modernizing the farm with the latest equipment, totaling an investment of approximately $20,000.

What is the approximate gross income of the Walker farm each year?

• $10,000

• $18,000

• $25,000

• $30,000

How much net income does the Walker farm clear annually?

• $12,000

• $4,500

• $9,000

• $6,000

What strategy does John Walker use to keep his farm up to date?

• He hires more workers.

• He invests in the latest farm equipment.

• He expands the farm's land.

• He reduces operational costs.

How much has John Walker invested in farm equipment?

• $25,000

• $20,000

• $15,000

• $10,000

What is the total amount John Walker has invested in his farm?

• $20,000

• $5,000

• $10,000

• $15,000