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Table 8.
Calculation of the Annual Average Gross Income of an Acre of Timber Growth,
by Forest Type


PINE
  Sawtimber Growth (tons) Pulp Growth (tons) Average
Annual
Gross
Income
Year Large Pine x Price ** + Small Pine x Price ** + Hardwood x Price ** + Pine x Price ** + Hardwood x Price ** =
1998 ( 0.9796 x $45.67 ) + ( 0.5832 x $21.80 ) + ( 0.0789 x $15.03 ) + ( 0.9697 x $14.65 ) + ( 0.1155 x $9.89 ) = $73.99
1999 ( 0.9796 x $42.01 ) + ( 0.5832 x $19.96 ) + ( 0.0789 x $15.07 ) + ( 0.9697 x $11.26 ) + ( 0.1155 x $9.05 ) = $65.95
2000 ( 0.9796 x $39.29 ) + ( 0.5832 x $17.68 ) + ( 0.0789 x $13.41 ) + ( 0.9697 x $8.26 ) + ( 0.1155 x $9.04 ) = $58.91
2001 ( 0.9796 x $38.33 ) + ( 0.5832 x $15.39 ) + ( 0.0789 x $13.28 ) + ( 0.9697 x $6.15 ) + ( 0.1155 x $9.70 ) = $54.66
2002 ( 0.9796 x $39.23 ) + ( 0.5832 x $17.92 ) + ( 0.0789 x $16.10 ) + ( 0.9697 x $4.65 ) + ( 0.1155 x $4.83 ) = $55.22
MIXED
  Sawtimber Growth (tons) Pulp Growth (tons) Average
Annual
Gross
Income
Year Large Pine x Price ** + Small Pine x Price ** + Hardwood x Price ** + Pine x Price ** + Hardwood x Price ** =
1998 ( 0.6690 x $45.67 ) + ( 0.3332 x $21.80 ) + ( 0.2594 x $15.03 ) + ( 0.3262 x $14.65 ) + ( 0.2478 x $9.89 ) = $48.95
1999 ( 0.6690 x $42.01 ) + ( 0.3332 x $19.96 ) + ( 0.2594 x $15.07 ) + ( 0.3262 x $11.26 ) + ( 0.2478 x $9.05 ) = $44.58
2000 ( 0.6690 x $39.29 ) + ( 0.3332 x $17.68 ) + ( 0.2594 x $13.41 ) + ( 0.3262 x $8.26 ) + ( 0.2478 x $9.04 ) = $40.59
2001 ( 0.6690 x $38.33 ) + ( 0.3332 x $15.39 ) + ( 0.2594 x $13.28 ) + ( 0.3262 x $6.15 ) + ( 0.2478 x $9.70 ) = $38.63
2002 ( 0.6690 x $39.23 ) + ( 0.3332 x $17.92 ) + ( 0.2594 x $16.10 ) + ( 0.3262 x $4.65 ) + ( 0.2478 x $4.83 ) = $39.11
HARDWOOD
  Sawtimber Growth (tons) Pulp Growth (tons) Average
Annual
Gross
Income
Year Large Pine x Price ** + Small Pine x Price ** + Hardwood x Price ** + Pine x Price ** + Hardwood x Price ** =
1998 ( 0.2018 x $45.67 ) + ( 0.1024 x $21.80 ) + ( 0.4946 x $15.03 ) + ( 0.0731 x $14.65 ) + ( 0.3980 x $9.89 ) = $23.89
1999 ( 0.2018 x $42.01 ) + ( 0.1024 x $19.96 ) + ( 0.4946 x $15.07 ) + ( 0.0731 x $11.26 ) + ( 0.3980 x $9.05 ) = $22.40
2000 ( 0.2018 x $39.29 ) + ( 0.1024 x $17.68 ) + ( 0.4946 x $13.41 ) + ( 0.0731 x $8.26 ) + ( 0.3980 x $9.04 ) = $20.57
2001 ( 0.2018 x $38.33 ) + ( 0.1024 x $15.39 ) + ( 0.4946 x $13.28 ) + ( 0.0731 x $6.15 ) + ( 0.3980 x $9.70 ) = $20.19
2002 ( 0.2018 x $39.23 ) + ( 0.1024 x $17.92 ) + ( 0.4946 x $16.10 ) + ( 0.0731 x $4.65 ) + ( 0.3980 x $4.83 ) = $19.98
* From Table 5
**From Table 7