| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 1,069 | 0 | 0 | 1,069 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GATOR TRACTOR | 2007-06-14 | 12,900 | 8,869 | 57 | 8.93 % | 1,152 | |||
| BUSHHOG | 2006-08-01 | 2,862 | 2,224 | 57 | 8.92 % | 255 | |||
| HORSE | 2005-09-16 | 11,000 | 9,527 | 57 | 8.93 % | 982 | |||
| PONY | 2005-01-01 | 700 | 605 | 57 | 8.93 % | 63 | |||
| TRAILER | 2004-07-15 | 428 | 408 | 57 | 4.46 % | 20 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Miscellaneous | 11,700 | 11,177 | 523 | |
| Land | 109,500 | 109,500 | ||
| Buildings | 109,500 | 109,500 | ||
| Machinery and Equipment | 16,726 | 13,464 | 3,262 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VETERINARY EXPENSE | 486 | 486 | ||
| INSURANCE | 1,958 | 1,958 | ||
| FARM SUPPLIES | 15,545 | 15,545 | ||
| CONTRACT LABOR | 19,000 | 19,000 | ||
| BANK CHARGES | 263 | 263 |
| Name | Address |
|---|---|
| LENWOOD S SAWYER JR |
8409 COUNTY FARM ROAD LONG BEACH,MS39560 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 69 | 69 |