| 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 |
|---|
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1948 FORD SPORTSMAN | 2009-10 | 2011-06 | 220,000 | 289,355 | -69,355 | |||||
| 1936 JANSEN FORD | 2008-07 | 2011-08 | 250,000 | 219,805 | 30,195 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK | 16,725 | 19,525 | 19,525 |
| SECURITY DEPOSIT | 4,905 | 4,905 | 4,905 |
| 1927 FORD ROADSTER | 173,333 | 173,333 | 173,333 |
| 1929 FORD MODEL "A" ROADSTER | 173,333 | 173,333 | 173,333 |
| 1932 FORD ROADSTER-FRED STEELE | 333,333 | 333,333 | 333,333 |
| 1936 FORD 3W CPE "FIRST LOVE" | 983,333 | 983,333 | 983,333 |
| 1936 FORD CONVERTIBLE - DREAM | 183,333 | 183,333 | 183,333 |
| 1936 FORD CABRIOLET CUSTOM | 158,333 | 158,333 | 158,333 |
| 1940 MERCURY CONVERTABLE-ROMAN | 233,333 | 233,333 | 233,333 |
| 1925 FORD T-BUCKET - H.P. SPEC | 150,000 | 150,000 | 150,000 |
| MEMORABILIA | 100 | 100 | |
| 1964 FORD FALCON - HOWMET | 137,500 | 137,500 | 137,500 |
| 1966 FORD MUSTANG #10 | 283,333 | 283,333 | 283,333 |
| 1967 MERCURY COUGAR - #15 | 583,333 | 583,333 | 583,333 |
| 1968 FORD MUSTANG- TITUS #1 | 750,000 | 750,000 | 750,000 |
| 1969 FORD MUSTANG- S. YUNICK | 675,000 | 675,000 | 675,000 |
| 1982 FORD MUSTANG- FIRESTONE 2 | 78,333 | 78,333 | 78,333 |
| 1982 FORD MUSTANG- FIRESTONE 1 | 78,333 | 78,333 | 78,333 |
| 1982 MUSTANG - H/M TICO | 45,000 | 45,000 | 45,000 |
| 1936 JENSON - FORD TOURER | 203,555 | 0 | 0 |
| 1934 FORD-FERGESON DRY LAKE | 96,667 | 96,667 | 96,667 |
| 1932 FORD "LARRY SHINODA" COUP | 145,000 | 145,000 | 145,000 |
| 2005 FORD MUSTANG FR500 | 0 | 74,300 | 74,300 |
| 1949 FORD SPR DELUX SPORTSMAN | 275,055 | 0 | 0 |
| 198X FORD MUSTANG - CHASSIS | 225,000 | 225,000 | 225,000 |
| EXCHANGE & SUSPENSE | 7 | 30 | 30 |
| 1936 FORD - ED PINK CAR | 1,000 | 34,000 | 34,000 |
| NEW ENGINE | 45,171 | 45,171 | 45,171 |
| VIRTUALGT PRO PC340 | 0 | 42,010 | 42,010 |
| 1950 FORED DAL PORTO ROADSTER | 0 | 88,000 | 88,000 |
| FORD DAYTONA PROTOTYPE DP-03 | 0 | 150,000 | 150,000 |
| 1965 FORD FALCONE | 0 | 26,508 | 26,508 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE FEES | 112 | 112 | ||
| AUTO REPAIRS | 38,523 | 38,523 | ||
| DISPLAY EXPENSE | 2,255 | 2,255 | ||
| INSURANCE | 35,616 | 35,616 | ||
| INTERNET & WEB SERVICES | 1,381 | 1,381 | ||
| MEAL & ENTERTAINMENT | 3,556 | 3,556 | ||
| MISCELLANEOUS | 6,879 | 6,879 | ||
| OFFICE EXPENSE | 5,214 | 5,214 | ||
| PROMOTIONAL EXPENSE | 1,000 | 1,000 | ||
| RENTAL EXPENSE | 858 | 858 | ||
| TRASH REMOVAL FEE | 1,269 | 1,269 | ||
| SECURITY SERVICE | 5,126 | 5,126 | ||
| SUPPLIES & PARTS | 73,319 | 73,319 | ||
| CONTRACTORS | 37,997 | 37,997 | ||
| TELEPHONE | 2,300 | 2,300 | ||
| DUES & SUBSCRIPTIONS | 79 | 79 | ||
| ENTRY FEES | 4,295 | 4,295 | ||
| FUEL EXPENSE | 18,219 | 18,219 | ||
| PREPARATION EXPENSE | 20,274 | 20,274 | ||
| APPAREL EXPENSE | 7,620 | 7,620 | ||
| SPRINKLER SYSTEM FEES | 1,000 | 1,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO AMERICAN INFRASTRUCTURE | 0 | 178,770 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 32,836 | 32,836 |