Sprite

A sheep needs a Deluxe Barn. Marnie sells one for 8,000g. A sheep that eats every day is grown after 4 nights. Shears are bought from Marnie. Shearing by hand adds 5 friendship. An auto-grabber shears the barn as well.
How fast the coat grows
A grown sheep regrows wool every 3 days when it is fed and has at least 70 happiness. Friendship of at least 4.5 hearts (900 points) removes one day. The Shepherd profession removes one day. Both together make wool every day.
Wool sells for 340g, then 425g, 510g, and 680g. With Rancher those are 408g, 510g, 612g, and 816g. Cloth from one wool is 470g, or 564g with Rancher and 658g with Artisan. Silver wool has a 10% chance to make 2 cloth, gold 50%, and iridium 100%. A maximum-heart sheep sells for 10,400g.
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