| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,350 | 6,350 | 0 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2005-01-01 | 264,000 | L | 0 | 0 | ||||
| STADIUM AND IMPROVEMENTS | 2005-01-01 | 7,729,479 | 3,140,483 | SL | 40.000000000000 | 189,946 | 189,946 | ||
| SCOREBOARD | 2009-04-14 | 427,000 | 61,000 | SL | 7.000000000000 | 61,000 | 61,000 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 264,000 | 0 | 264,000 | 0 |
| STADIUM AND IMPROVEMENTS | 7,729,479 | 3,330,429 | 4,399,050 | 0 |
| SCOREBOARD | 427,000 | 122,000 | 305,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 3,941 | 3,941 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 5,125 | 5,125 | 0 | |
| OTHER EXPENSES | 960 | 960 | 0 | |
| OFFICE EXPENSE | 48 | 48 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 6,000 | 0 | 0 |