| Person Name | Explanation |
|---|---|
| SUSAN J PEIRCE | |
| DAVID PEIRCE |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2011-09-06 | 10,400 | 495 | S/L | 7.0000 | 1,486 | 1,486 | ||
| RANCH | 2012-05-31 | 2,210,237 | |||||||
| RANCH BUILDING AND IMPROVEMENTS | 2012-05-31 | 6,649 | S/L | 39.0000 | 99 | 99 | |||
| 2000 DODGE RAM TRUCK | 2012-05-24 | 11,684 | S/L | 7.0000 | 974 | 974 | |||
| HARROW | 2012-12-17 | 970 | S/L | 7.0000 | |||||
| 1993 TURNBOW 2-HORSE TRAILER | 2012-05-26 | 2,500 | S/L | 5.0000 | 292 | ||||
| 2007 SUNDOWNER 3-HORSE TRAILER | 2012-11-20 | 15,000 | S/L | 10.0000 | 125 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 47,203 | 3,471 | 43,732 | 26,649 | |
| 2,210,237 | 2,210,237 | 2,210,237 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADMINISTRATIVE | 4,849 | 4,849 | ||
| AUTO, TRAILOR AND TRACTOR | 3,078 | 3,078 | ||
| BANK AND MERCHANT CHARGES | 2,088 | 205 | 1,883 | |
| BUSINESS REGISTRATION FEES | 468 | 498 | ||
| BOARDING AND TRAINING | 60,006 | 60,006 | ||
| FARRIER | 1,880 | 1,880 | ||
| INSURANCE | 14,464 | 14,464 | ||
| STABLE MAINTENANCE SERVICE | 49,820 | 27,401 | 22,419 | |
| SUPPLIES - FEED | 34,718 | 34,718 | ||
| SUPPLIES - BEDDING | 43,095 | 19,393 | 23,702 | |
| SUPPLIES - HAY | 67,510 | 35,797 | 31,713 | |
| SUPPLIES - OTHER | 8,154 | 8,154 | ||
| VETERINARY | 20,890 | 20,890 | ||
| CHARITABLE CONTRIBUTION | 250 | 250 | ||
| FUNDRAISING EVENTS | 9,567 | 9,567 | ||
| OTHER | 6,435 | 6,435 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ADOPTION FEES | 13,500 | 13,500 | |
| BOARDING | 154,037 | 154,037 | |
| DAY CARE | 14,185 | 14,185 | |
| TRAINING | 13,615 | 13,615 | |
| LESSONS | 2,005 | 2,005 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX LIABILITIES | 3,656 | |
| MORTGAGE PAYABLE | 1,325,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 1,210 | 1,210 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| FUNDRAISING MERCHANDISE | 10,499 | 14,062 | -3,563 |
| Name | Address |
|---|---|
| AUDREY STEELE-BURNARD |
2676 BAYSHORE DRIVE NEWPORT BEACH,CA92660 |
| PAMELA J BILEK |
2428 MILANO TERRACE CHINO HILLS,CA91709 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 4,271 | 4,271 |