| Person Name | Explanation |
|---|---|
| PAUL J CARTER |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| CABIN | 2007-09-22 | 3,489 | 384 | S/L | 39.0000 | 89 | |||
| 1992 FORD VAN (15 PASS) | 2007-12-13 | 2,170 | 1,962 | 200DB | 5.0000 | 208 | |||
| DODGE VAN | 2008-04-01 | 6,205 | 5,669 | 200DB | 5.0000 | 357 | |||
| TABLES | 2010-05-01 | 354 | 246 | 200DB | 7.0000 | 31 | |||
| GRILL | 2010-05-01 | 300 | 208 | 200DB | 7.0000 | 26 | |||
| PORTABLE TOILET | 2011-01-01 | 234 | 33 | 200DB | 7.0000 | 58 | |||
| TRAILER | 2012-06-30 | 450 | 200DB | 7.0000 | 64 | ||||
| TRIMMER | 2012-08-31 | 200 | 200DB | 7.0000 | 29 | ||||
| MOWER | 2012-09-30 | 400 | 200DB | 7.0000 | 57 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| GENERAL ELECTIONS | YEAR ENDED: DECEMBER 31, 2012 37-1452378 C F SPORTS CAMP 9968 SYLVANIA RD. BLOOMFIELD, IN 47424 ELECTING OUT OF BONUS DEPRECIATION ALLOWANCE FOR ALL ELIGIBLE DEPRECIABLE PROPERTY THE TAXPAYER ELECTS OUT OF FIRST-YEAR BONUS DEPRECIATION ALLOWANCE UNDER IRC SECTION 168(K) FOR ALL ELIGIBLE ASSET CLASSES OF DEPRECIABLE PROPERTY ACQUIRED AFTER DECEMBER 31, 2007. THIS ELECTION APPLIES TO ALL ELIGIBLE DEPRECIABLE PROPERTY PLACED IN SERVICE DURING THE TAX YEAR. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 13,802 | 9,421 | 4,381 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CAMP SUPPLIES | 760 | 760 | ||
| OFFICE SUPPLIES | 72 | 72 | ||
| REPAIRS | 2,383 | 2,383 | ||
| MEALS | 72 | 72 |