| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND MANAGEMENT FEES | 27,957 | 25,632 | 2,325 |
| 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 | 2010-06-01 | 790,529 | L | ||||||
| COMPUTER | 2010-05-06 | 5,104 | 255 | M5 | 5 | 510 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | 5,104 | 765 | 4,339 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SEE ATTACHED LISTING OF | 3,749,109 | 3,289,975 | 2,982,530 |
| INVESTMENTS | |||
| ACCRUED DIVIDENDS | 0 | 2,628 | 2,628 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT SERVICES - ADMIN | 5,500 | 5,500 | ||
| BANK CHARGES | 95 | 95 | ||
| SUPPLIES | 3,072 | 3,072 | ||
| OTHER EXPENSES | 1,392 | 1,392 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PROPERTY TAXES PAYABLE | 1,310 | 0 |
| PAYROLL TAXES PAYABLE | 0 | 4,902 |
| VISA (.1543) | 0 | 557 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 743 | 743 | 0 | 0 |
| FEDERAL TAXES | 741 | 0 | 0 | 0 |
| PROPERTY TAXES | 2,616 | 2,616 | 0 | 0 |
| PAYROLL TAXES | 5,661 | 0 | 0 | 5,661 |