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What is so special about Jan 15?
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Posted 5/20/2020 12:24 (#8269446 - in reply to #8269159)
Subject: RE: What is so special about Jan 15?

As I understand it, it is HALF of total 2019 production....(50,000x50%=25,000)  OR  TOTAL 2019 inventory on hand not sold on 1/15/2020......40,0000. 25,000 is the smaller of the two so you then take the 25,000 x 50% (12,500) x your payment (.67) and that’s your amount.

Edited by turnipted 5/20/2020 12:25
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