| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RESTAURANT & GIFT SHOP | 1,064 | 1,064 | ||
| INDIRECT ACCOUNTING FEES | 1,064 | 1,064 |
| Person Name | Explanation |
|---|---|
| DAVID H CRANE | |
| JOE CRANE | |
| AMY CRANE | |
| MARLENE CRANE | |
| MATT VAN DYKE | |
| GENE AUSTIN | |
| JEAN SMITH | |
| HILDA P JONES |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VICTORY 23 CU FT COOLER | 2004-06-15 | 1,200 | 1,200 | 200DB | 5.0000 | ||||
| VICTORY 23 CU FT FREEZER | 2004-06-15 | 1,800 | 1,800 | 200DB | 5.0000 | ||||
| TRUE ST STEEL FREEZER | 2004-06-15 | 1,997 | 1,997 | 200DB | 5.0000 | ||||
| TRUE ST STEEL REFRIG | 2004-06-15 | 1,615 | 1,615 | 200DB | 5.0000 | ||||
| SOUTHBEND RANGE-4 BURNER | 2004-06-15 | 1,715 | 1,715 | 200DB | 5.0000 | ||||
| ELECTRIC CONVECTION OVEN | 2004-06-15 | 756 | 756 | 200DB | 5.0000 | ||||
| ELEC ROTISSERIE OVEN | 2004-06-15 | 1,831 | 1,831 | 200DB | 5.0000 | ||||
| LOW TEMP DISHWASHER | 2004-06-15 | 3,334 | 3,334 | 200DB | 5.0000 | ||||
| KITCHEN AID FOOD PROCESS | 2004-06-15 | 229 | 229 | 200DB | 5.0000 | ||||
| KITCHEN AID MIXER | 2004-06-15 | 317 | 317 | 200DB | 5.0000 | ||||
| EPSON REGISTER SYS - 75% | 2004-06-15 | 6,466 | 6,466 | 200DB | 5.0000 | ||||
| ICE CREAM DIPPING CABINET | 2004-06-15 | 3,225 | 3,225 | 200DB | 5.0000 | ||||
| ISLAND COFFEE COUNTER | 2004-06-15 | 1,093 | 1,093 | 200DB | 5.0000 | ||||
| TRIPLE SPINDLE MIXER | 2004-06-15 | 540 | 540 | 200DB | 5.0000 | ||||
| STAINLESS STEEL TABLES | 2004-06-15 | 950 | 950 | 200DB | 5.0000 | ||||
| O/S TRAXH/ASH CANS-50% | 2004-06-15 | 509 | 509 | 200DB | 5.0000 | ||||
| MICRO FLOOR SCRUBBER-1/2 | 2004-06-15 | 1,675 | 1,675 | 200DB | 5.0000 | ||||
| SUPER COACH VAC | 2004-06-15 | 217 | 217 | 200DB | 5.0000 | ||||
| CHROME SHELVES | 2004-06-15 | 2,500 | 2,500 | 200DB | 5.0000 | ||||
| SERVING UTENSILS/DISHES | 2004-06-15 | 4,200 | 4,200 | 200DB | 5.0000 | ||||
| KITCHEN EQUIP/PANS | 2004-06-15 | 3,494 | 3,494 | 200DB | 5.0000 | ||||
| ROLLER GRILL & SOUP KITCH | 2004-06-15 | 1,084 | 1,084 | 200DB | 5.0000 | ||||
| WOODEN MAGAZINE HOLDER | 2004-06-15 | 262 | 262 | 200DB | 7.0000 | ||||
| PORTABLE TABLES/CHRS/TRLRS | 2004-06-15 | 2,705 | 2,705 | 200DB | 5.0000 | ||||
| DESK, CHAIR, ETC-1/2 | 2004-06-15 | 247 | 247 | 200DB | 7.0000 | ||||
| TELEPHONE | 2004-06-15 | 109 | 109 | 200DB | 5.0000 | ||||
| LINENS | 2004-06-15 | 651 | 651 | 200DB | 5.0000 | ||||
| NEON SIGN | 2004-06-15 | 750 | 750 | 200DB | 5.0000 | ||||
| ICE CREAM DISPENSER ETC | 2004-06-15 | 160 | 160 | 200DB | 5.0000 | ||||
| TABLE | 2004-06-26 | 225 | 225 | 200DB | 5.0000 | ||||
| MUGS | 2004-08-04 | 2,480 | 2,480 | 200DB | 5.0000 | ||||
| UNIFORMS | 2004-08-04 | 962 | 962 | 200DB | 5.0000 | ||||
| LANDSCAPING-R | 2004-05-15 | 349 | 154 | 150DB | 20.0000 | 16 | 16 | ||
| BBQ GRILL | 2005-02-06 | 1,514 | 1,514 | 200DB | 5.0000 | ||||
| FRIGIDAIRE WASHER & DRYER | 2006-01-17 | 1,019 | 1,019 | 200DB | 5.0000 | ||||
| FREEZER | 2007-06-22 | 523 | 406 | 200DB | 7.0000 | 47 | 47 | ||
| CASH REGISTER-50% | 2008-04-02 | 193 | 133 | 200DB | 7.0000 | 17 | 17 | ||
| COUNTER TOP GRILL | 2009-10-06 | 1,161 | 589 | 200DB | 7.0000 | 145 | 145 | ||
| CASH REGISTER | 2012-05-22 | 280 | 200DB | 7.0000 | 50 | 50 | |||
| TURBOAIR FREEZER | 2012-03-29 | 2,677 | 200DB | 7.0000 | 669 | 669 | |||
| EPSON REGISTER SYS - 25% | 2004-06-15 | 2,155 | 2,155 | 200DB | 5.0000 | ||||
| O/S TRASH/ASH CANS-50% | 2004-06-15 | 510 | 510 | 200DB | 5.0000 | ||||
| MICRO FLOOR SCRUBBER 1/2 | 2004-06-15 | 1,675 | 1,675 | 200DB | 5.0000 | ||||
| SUPER COACH VAC-1/2 | 2004-06-15 | 218 | 218 | 200DB | 5.0000 | ||||
| NEON SIGN - 1/2 | 2004-06-15 | 750 | 750 | 200DB | 5.0000 | ||||
| DESK, CHAIR, ETC. 1/2 | 2004-06-15 | 248 | 248 | 200DB | 7.0000 | ||||
| LANDSCAPING - M | 2004-05-15 | 349 | 154 | 150DB | 20.0000 | 16 | 16 | ||
| CASH REGISTER - 50% | 2008-04-28 | 193 | 133 | 200DB | 7.0000 | 17 | 17 | ||
| COMPUTER MONITOR | 2010-01-10 | 473 | 246 | 200DB | 5.0000 | 91 | 91 | ||
| SECURITY MONITOR | 2012-12-10 | 2,400 | 200DB | 7.0000 | 86 | 86 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| GENERAL ELECTIONS | YEAR ENDING: DECEMBER 31, 2012 42-1627905 CRANE'S MUSEUM 10665 OLD HWY 40 - PO BOX 60 WILLIAMSBURG, MO 63388 NOL CARRYBACK ELECTION UNDER IRC SECTION 172(B)(3), THE TAXPAYER ELECTS TO RELINQUISH THE ENTIRE CARRYBACK PERIOD WITH RESPECT TO ANY REGULAR TAX AND AMT NET OPERATING LOSS INCURRED DURING THE CURRENT TAX YEAR. YEAR ENDED: DECEMBER 31, 2012 42-1627905 CRANE'S MUSEUM 10665 OLD HWY 40 - PO BOX 60 WILLIAMSBURG, MO 63388 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 |
|---|---|---|---|---|
| EQUIPMENT | 65,987 | 60,356 | 5,631 | 6,599 |
| Item No. | 1 |
|---|---|
| Lender's Name | JOE MARLENE CRANE |
| Lender's Title | DIRECTORS |
| Original Amount of Loan | 88320 |
| Balance Due | 80596 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | EQUIPMENT & OPERATING FUNDS |
| Description of Lender Consideration | NONE |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RESTAURANT & GIFT SHOP | ||||
| INSURANCE - WORKERS COMP | 1,430 | 1,430 | ||
| TELEPHONE | 660 | 660 | ||
| POSTAGE & SHIPPING | 319 | 319 | ||
| DUES & SUBSCRIPTIONS | ||||
| MISCELLANEOUS | 1,515 | 1,515 | ||
| SUPPLIES | 7,942 | 7,942 | ||
| ADVERTISING | 2,304 | 2,304 | ||
| EXPENSES | ||||
| REPAIRS & MAINTENANCE | 1,085 | 1,085 | ||
| INSURANCE - WORKERS COMP | 305 | 305 | ||
| ADVERTISING | 2,304 | 2,304 | ||
| TELEPHONE | 660 | 660 | ||
| POSTAGE & SHIPPING | 4 | 4 | ||
| DUES & SUBSCRIPTIONS | 110 | 110 | ||
| SUPPLIES | 107 | 107 | ||
| MISCELLANEOUS | 16 | 16 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MUSEUM ADMISSIONS | 1,994 | 1,994 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES WITHHELD | 1,085 | 1,013 |
| SALES TAXES COLLECTED | 2,174 | 2,185 |
| OTHER WITHHOLDING | 70 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| RESTAURANT & GIFT SHOP | 147,995 | 72,856 | 75,139 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,489 | 1,489 | ||
| RESTAURANT & GIFT SHOP | 7,610 | 7,610 |