| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WRIGHT MCAFEE CO | 5,884 | 2,942 | 2,942 | 2,942 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 1,654 | 000 | 2,136 | 2,136 | 2,136 | ||||
| DEPLETION ON WELLS | 9,256 | 000 | 270 | 270 | 270 |
| Identifier | Return Reference | Explanation |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VARIOUS PARTNERSHIPS OIL | 273,873 | 273,873 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VARIOUS | 415,512 | 391,721 | 23,791 | 23,791 |
| LAND | 277,415 | 277,415 | 277,415 |
| Item No. | 1 |
|---|---|
| Lender's Name | VARIOUS BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 50000 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Amount |
|---|---|
| Prior year asset sale loss | 82,629 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INTANGIBLE DRILLING COSTS | 72 | 72 | 72 | |
| LEASE OPERATING EXPENSES | 16,117 | 16,117 | 16,117 | |
| INTERESTFINANCE CHARGES | 47 | 47 | 47 | |
| OFFICE EXPENSE | 198 | 99 | 99 | 99 |
| AMORTIZATION | 6,056 | 5,112 | 5,112 | 944 |
| BAD DEBT | 1,549 | 1,549 | 1,549 | |
| DIRECTORS FEES | 1,050 | 525 | 525 | 525 |
| BANK CHARGES | 139 | 70 | 70 | 69 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| DEBT FINANCED - INCLUDING GAIN | 13,846 | 3,271 | 13,846 |
| PARTNERSHIP INCOME AND LOSSES | -2,849 | -2,849 | -2,849 |
| OIL GAS INCOME | 38,075 | 38,075 | 38,075 |
| LOSS ON INVESTMENTS | -5,501 | -5,501 | -5,501 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EARNEST DEPOSIT | 1,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MICHAEL BROGAN | 600 | 600 | 600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Real estate tax not included in line 20 | 881 | 881 | 881 | 0 |
| PRODUCTION TAX | 1,236 | 1,236 | 1,236 | 0 |