| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,900 | 0 | 2,900 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FARM EQUIPMENT | 2000-01-01 | 20,700 | 15,829 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BACKHOE | 2000-06-30 | 18,500 | 18,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| LAND | 2000-01-01 | 220,123 | L | 0 | 0 | 0 | |||
| NEW TRACTOR | 2003-10-02 | 65,486 | 65,486 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| DUMP TRUCK | 2003-06-02 | 5,000 | 5,000 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| BROWN MOWER | 2004-02-11 | 3,395 | 1,697 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| 1990 DODGE DAKOTA | 2004-05-25 | 3,000 | 3,000 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| USED GRAIN DRILL | 2005-02-07 | 1,250 | 1,250 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| BUSHHOG MOWER | 2005-07-15 | 6,750 | 6,750 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| ATHENS HARROW | 2006-11-16 | 9,450 | 9,450 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| JOHN DEERE TRACTOR-7520 USED | 2007-03-05 | 66,500 | 57,597 | 200DB | 7.000000000000 | 5,935 | 0 | 5,935 | |
| RHINO BATWING MOWER | 2007-03-09 | 13,618 | 11,795 | 200DB | 7.000000000000 | 1,215 | 0 | 1,215 | |
| 1990 DEERE BULLDOZER | 2007-08-22 | 6,277 | 5,436 | 200DB | 7.000000000000 | 561 | 0 | 561 | |
| HONEY RIDGE FARM EQUIPMENT | 2008-01-09 | 1,800 | 699 | 200DB | 7.000000000000 | 80 | 0 | 80 | |
| 2008 HAWKEYE | 2008-05-09 | 5,866 | 2,279 | 200DB | 7.000000000000 | 262 | 0 | 262 | |
| 99 TOYOTA | 2008-05-15 | 9,500 | 3,690 | 200DB | 7.000000000000 | 424 | 0 | 424 | |
| JOHN DEERE BULLDOZER | 2012-08-21 | 10,000 | 1,429 | 200DB | 7.000000000000 | 2,449 | 0 | 2,449 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BAY RESOURCES | AT COST | 115,040 | 940,809 |
| ACACIA PARTNERS LP | AT COST | 439,759 | 570,324 |
| KKR FINANCIAL HOLDINGS LLC | AT COST | 512 | 512 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM EQUIPMENT | 20,700 | 15,829 | 4,871 | |
| BACKHOE | 18,500 | 18,500 | 0 | |
| LAND | 220,123 | 0 | 220,123 | |
| NEW TRACTOR | 65,486 | 65,486 | 0 | |
| DUMP TRUCK | 5,000 | 5,000 | 0 | |
| BROWN MOWER | 3,395 | 3,395 | 0 | |
| 1990 DODGE DAKOTA | 3,000 | 3,000 | 0 | |
| USED GRAIN DRILL | 1,250 | 1,250 | 0 | |
| BUSHHOG MOWER | 6,750 | 6,750 | 0 | |
| ATHENS HARROW | 9,450 | 9,450 | 0 | |
| JOHN DEERE TRACTOR-7520 USED | 66,500 | 63,532 | 2,968 | |
| RHINO BATWING MOWER | 13,618 | 13,010 | 608 | |
| 1990 DEERE BULLDOZER | 6,277 | 5,997 | 280 | |
| HONEY RIDGE FARM EQUIPMENT | 1,800 | 1,679 | 121 | |
| 2008 HAWKEYE | 5,866 | 5,474 | 392 | |
| 99 TOYOTA | 9,500 | 8,864 | 636 | |
| JOHN DEERE BULLDOZER | 10,000 | 3,878 | 6,122 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| EMPLOYEE LOAN | 187 | 187 | 187 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VETERINARY | 4,712 | 0 | 0 | 4,712 |
| SUPPLIES | 33,659 | 0 | 0 | 33,659 |
| FEED | 6,480 | 0 | 0 | 6,480 |
| MISCELLANEOUS | 500 | 0 | 0 | 500 |
| UTILITIES | 1,120 | 0 | 0 | 1,120 |
| INSURANCE | 10,974 | 0 | 0 | 10,974 |
| FUEL | 9,662 | 0 | 0 | 9,662 |
| SEED | 795 | 0 | 0 | 795 |
| 401 (K) | 1,625 | 0 | 0 | 1,625 |
| INVESTMENT EXPENSE THRU ACACIA PARTNERS | 1,703 | 1,703 | 0 | 0 |
| CASUAL LABOR | 1,500 | 0 | 0 | 1,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN- RLH | 9,397 | 9,397 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY FEES | 7,325 | 7,325 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,666 | 0 | 0 | 3,666 |
| FOREIGN TAXES | 761 | 761 | 0 | 0 |
| PROPERTY TAX | 601 | 0 | 0 | 601 |
| FEDERAL TAX | 2,135 | 0 | 0 | 2,135 |
| GA TAX | 1,875 | 0 | 0 | 1,875 |
| GA TAX | 729 | 0 | 0 | 729 |