| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Furnishings | 2009-08-10 | 900 | 326 | Depreciation | 0000000007.000000000000 | 117 | |||
| Furniture | 2009-08-10 | 2,704 | 980 | Depreciation | 0000000007.000000000000 | 352 | |||
| Furniture | 2009-08-18 | 460 | 166 | Depreciation | 0000000007.000000000000 | 60 | |||
| Truck | 2009-11-24 | 2,500 | 1,075 | Depreciation | 0000000005.000000000000 | 43 | |||
| Appliance | 2009-12-09 | 1,406 | 437 | Depreciation | 0000000007.000000000000 | 198 | |||
| Watercraft Equipment | 2010-02-05 | 8,200 | 1,172 | Depreciation | 0000000007.000000000000 | 1,434 | |||
| Printer | 2010-02-04 | 377 | 75 | Depreciation | 0000000005.000000000000 | 72 | |||
| Laptop | 2010-02-27 | 530 | 106 | Depreciation | 0000000005.000000000000 | 102 | |||
| Carpeting | 2010-05-14 | 1,684 | 38 | Depreciation | 0000000028.000000000000 | 61 | |||
| Improvements | 2010-07-31 | 2,574 | 43 | Depreciatoin | 0000000028.000000000000 | 94 |
| Identifier | Return Reference | Explanation |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furnishings Equipment | 4,064 | 2,742 | 1,322 | 1,322 |
| Appliance | 1,406 | 912 | 494 | 494 |
| Watercraft Equipment | 8,200 | 4,614 | 3,586 | 3,586 |
| Printer | 377 | 268 | 109 | 109 |
| Laptop | 530 | 378 | 152 | 152 |
| Carpeting | 1,684 | 160 | 1,524 | 1,524 |
| Improvements | 2,574 | 231 | 2,343 | 2,343 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Resale Insurance Policy | 50,000 | 50,000 | 50,000 |
| Paintings | 30,000 | 30,000 | 30,000 |
| Description | Amount |
|---|---|
| Truck - Terminated | 2,500 |
| Net adjust to reconcile | 2,855 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office Exp. | 405 | |||
| Services | 1,850 | |||
| Storage | 695 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Axtax, Inc. | 835 |
| Item No. | 1 |
|---|---|
| Borrower's Name | Brasmer Loan |
| Borrower's Title | Pres. |
| Original Amount of Loan | |
| Balance Due | 60113 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|