| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1978-07-01 | 1,713,887 | 1,713,887 | SL | 20.00 | ||||
| BUILDING IMPROVEMENTS | 1989-04-15 | 45,325 | 32,312 | SL | 31.50 | 1,439 | 1,439 | ||
| ROOF | 1989-07-01 | 8,000 | 5,692 | SL | 31.50 | 248 | 248 | ||
| ROOF | 1991-02-10 | 6,600 | 4,290 | SL | 31.50 | 212 | 212 | ||
| BUILDING IMPROVEMENTS | 1989-10-15 | 26,500 | 18,471 | SL | 31.50 | 841 | 841 | ||
| LIGHTING FIXTURES | 2000-02-10 | 3,690 | 3,690 | SL | 10.00 | ||||
| BUILDING IMPROVEMENTS | 2002-01-15 | 415,282 | 121,865 | ALT | 40.00 | 9,686 | 9,686 | ||
| BUILDING IMPROVEMENTS | 2002-12-15 | 2,406 | 657 | ALT | 40.00 | 56 | 56 | ||
| BUILDING IMPROVEMENTS | 2002-12-15 | 55,421 | 15,167 | ALT | 40.00 | 1,290 | 1,290 | ||
| ROOF | 2004-09-01 | 37,680 | 9,011 | ALT | 40.00 | 870 | 870 | ||
| ELEVATOR IMPROVEMENTS | 2006-06-15 | 6,410 | 2,371 | 150DB | 15.00 | 425 | 425 | ||
| AIR CONDITIONER SYSTEM IMPROVEMENTS | 2006-04-15 | 15,000 | 8,250 | SL | 10.00 | 1,500 | 1,500 | ||
| ROOF TERRACE | 2006-03-15 | 52,300 | 9,237 | ALT | 40.00 | 1,250 | 1,250 | ||
| ROOF REPAIR | 2007-02-07 | 18,500 | 2,192 | SL | 39.00 | 474 | 474 | ||
| ROOF REPAIR | 2006-11-21 | 14,500 | 1,813 | SL | 39.00 | 372 | 372 | ||
| BUILDING IMPROVEMENTS | 2008-07-07 | 24,100 | 1,983 | SL | 39.00 | 618 | 618 | ||
| BUILDING IMPROVEMENTS WELDING | 2008-08-27 | 9,400 | 753 | SL | 39.00 | 241 | 241 | ||
| BUILDING IMPROVEMENTS AUTO SLINDING DOOR | 2008-10-01 | 16,960 | 1,287 | SL | 39.00 | 435 | 435 | ||
| SCIENTIFIC FIRE PREVENTION | 2009-02-07 | 4,874 | 328 | SL | 39.00 | 125 | 125 | ||
| AMERICAN ELEVATOR | 2009-07-31 | 30,162 | 1,707 | SL | 39.00 | 773 | 773 | ||
| ALL COUNTY PLUMBING WATER FOUNTAIN | 2009-07-10 | 3,033 | 172 | SL | 39.00 | 78 | 78 | ||
| ELEVATOR UPGRADE | 2010-06-15 | 124,100 | 4,110 | SL | 39.00 | 3,182 | 3,182 | ||
| AIR CONDITIONER COMPRESSOR | 1999-07-01 | 26,134 | 26,131 | SL | 10.00 | ||||
| HVAC SYSTEM | 2002-02-20 | 17,245 | 16,391 | SL | 10.00 | 854 | 854 | ||
| KITCHEN EQUIPMENT | 2009-07-28 | 4,086 | 768 | 200DB | 10.00 | 255 | 255 | ||
| LAND | 1978-07-01 | 96,000 | N/A | 0.00 | |||||
| Kitchen Equipment - Stove | 2011-01-13 | 9,063 | 1,295 | 200DB | 7.00 | 2,219 | 2,219 | ||
| ALLCOUNTY STORAGE TANK | 2012-09-10 | 19,990 | SL | 39.00 | 21 | 21 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| CERTIFICATES OF DEPOSIT | Purchased | CALLED BY BANK | 1,262,000 | 1,262,210 | -210 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 96,000 | 96,000 | ||
| BUILDING & IMPROVEMENTS | 2,654,120 | 1,978,168 | 675,952 | |
| EQUIPMENT | 56,528 | 53,126 | 3,402 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 2,254 |
| BOOK DEPRECIATION IN EXCESS OF TAX | 35,281 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 45,962 | 45,962 | ||
| LICENSES & PERMITS | 5,030 | 5,030 | ||
| MISCELLANEOUS | 617 | 617 | ||
| TELEPHONE | ||||
| MAINTENANCE & REPAIRS | 48,333 | 48,333 | ||
| SERVICE CONTRACTS | 24,503 | 24,503 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 583 | 583 | ||
| NYS FILING FEES | 275 | 275 |