| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 597 | 0 | 0 | 597 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GATOR TRACTOR | 2007-06-14 | 12,900 | 11,172 | 57 | 8.93 % | 1,152 | |||
| BUSHHOG | 2012-05-30 | 2,354 | 336 | 57 | 24.49 % | 576 | |||
| TRUCK (RED) | 2012-07-24 | 5,989 | 1,198 | 45 | 32.00 % | 1,916 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 5,989 | 3,114 | 2,875 | |
| Machinery and Equipment | 16,218 | 14,200 | 2,018 | |
| Miscellaneous | 11,700 | 11,700 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 60 | 60 | ||
| CONTRACT LABOR | 18,000 | 18,000 | ||
| FARM SUPPLIES | 5,715 | 5,715 | ||
| INSURANCE | 1,151 | 1,151 | ||
| REPAIRS & MAINTENANCE | 1,649 | 1,649 | ||
| VETERINARY EXPENSE | 157 | 157 |
| Name | Address |
|---|---|
| LENWOOD S SAWYER JR |
8409 COUNTY FARM ROAD LONG BEACH,MS39560 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRUCK TAG | 72 | 72 |