| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAYLORS INCOME TAX SERVICE XXX-XX-XXXX | 1,095 | 637 | 0 | 458 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPT FAX PRINTER SCANNER | 2008-05-31 | 979 | 585 | MACRS 7 YR 200% | 7 | 74 | 0 | 0 | |
| TELEPHONES INTERNETS | 2010-12-31 | 3,300 | 2,806 | MACRS 7 YR 200% | 7 | 206 | 0 | 0 | |
| FLOORING AND RENOVATIONS | 2008-06-30 | 8,007 | 4,806 | STRAIGHT LINE | 10 | 801 | 0 | 0 | |
| ELECTRICAL WIRING | 2008-08-31 | 1,250 | 750 | STRAIGHT LINE | 10 | 125 | 0 | 0 | |
| AIR AND HEAT AC WORK | 2008-09-30 | 1,200 | 720 | STRAIGHT LINE | 10 | 120 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 1982-06-15 | 18,195 | 17,715 | STRAIGHT LINE | 35 | 480 | 0 | 0 | |
| BUILDING IMPROVEMENT | 1986-08-15 | 6,145 | 4,928 | STRAIGHT LINE | 35 | 176 | 0 | 0 | |
| BUILDING ROOF | 1988-02-15 | 5,040 | 4,161 | STRAIGHT LINE-HY | 31.5 | 160 | 0 | 0 | |
| BUILDING ROOF | 1991-12-15 | 11,178 | 8,165 | STRAIGHT LINE-HY | 31.5 | 355 | 0 | 0 | |
| BUILDING ROOF | 1992-02-15 | 4,558 | 3,190 | STRAIGHT LINE-HY | 31.5 | 145 | 0 | 0 | |
| PARKING LOT | 1992-04-15 | 13,705 | 13,705 | STRAIGHT LINE | 15 | 0 | 0 | 0 | |
| SECURITY BARS | 1994-07-15 | 2,865 | 1,533 | STRAIGHT LINE | 39 | 73 | 0 | 0 | |
| AIR CONDITIONER | 1995-06-15 | 693 | 693 | STRAIGHT LINE | 10 | 0 | 0 | 0 | |
| COPIER | 1994-08-15 | 2,164 | 2,164 | MACRS 7 YR 200% | 7 | 0 | 0 | 0 | |
| COPIER | 2003-07-31 | 1,094 | 1,094 | MACRS 7 YR 200% | 7 | 0 | 0 | 0 | |
| COMPUTER | 2004-12-15 | 1,674 | 1,674 | MACRS 7 YR 200% | 7 | 0 | 0 | 0 | |
| NEW ROOF | 2009-02-25 | 21,263 | 3,375 | STRAIGHT LINE-HY | 31.5 | 675 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND BUILDING EQUIPMENT | 100,958 | 68,551 | 32,407 | 32,407 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| UTILITIES | 1,177 | 706 | 471 | |
| LAWN CARE | 925 | 555 | 370 | |
| BANK CHARGES | 244 | 146 | 98 | |
| INSURANCE | 1,025 | 615 | 410 | |
| OFFICE SUPPLIES | 402 | 241 | 161 | |
| POSTAGE | 76 | 47 | 19 | |
| REPAIRS | 325 | 195 | 130 | |
| SAFE DEPOSIT BOX | 88 | 52 | 36 | |
| PERIODIC REPORTS | 6 | 4 | 2 | |
| TELEPHONE AND FAX | 373 | 224 | 149 | |
| CONDOLENCES | 100 | 60 | 0 | 40 |
| FIDELITY BOND | 100 | 60 | 0 | 40 |
| TREE REMOVAL | 600 | 360 | 0 | 240 |
| MISCELLANEOUS | 23 | 14 | 0 | 9 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 14,463 | 314 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX ROYALTY | 637 | 255 | 382 |