| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,500 | 3,500 |
| 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 |
|---|
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1965 FORD FALCON SPRINT - C-19 | 2012-01 | 2013-08 | 27,500 | 26,508 | 992 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK | 19,525 | 19,525 | 19,525 |
| SECURITY DEPOSIT | 4,383 | 0 | 0 |
| 1927 FORD ROADSTER | 173,333 | 173,333 | 173,333 |
| 1929 FORD MODEL "A" ROADSTER | 173,333 | 173,333 | 173,333 |
| 1932 FORD ROADSTER-FRED STEELE | 333,333 | 333,333 | 333,333 |
| 1936 FORD 3W CPE "FIRST LOVE" | 983,333 | 983,333 | 983,333 |
| 1936 FORD CONVERTIBLE - DREAM | 183,333 | 183,333 | 183,333 |
| 1936 FORD CABRIOLET CUSTOM | 158,333 | 158,333 | 158,333 |
| 1940 MERCURY CONVERTABLE-ROMAN | 233,333 | 233,333 | 233,333 |
| 1925 FORD T-BUCKET - H.P. SPEC | 150,000 | 150,000 | 150,000 |
| MEMORABILIA | 100 | 100 | 100 |
| 1964 FORD FALCON - HOWMET | 137,500 | 137,500 | 137,500 |
| 1966 FORD MUSTANG #10 | 283,333 | 283,333 | 283,333 |
| 1967 MERCURY COUGAR - #15 | 583,333 | 583,333 | 583,333 |
| 1968 FORD MUSTANG- TITUS #1 | 750,000 | 750,000 | 750,000 |
| 1969 FORD MUSTANG- S. YUNICK | 675,000 | 675,000 | 675,000 |
| 1982 FORD MUSTANG- FIRESTONE 2 | 78,333 | 78,333 | 78,333 |
| 1982 FORD MUSTANG- FIRESTONE 1 | 78,333 | 78,333 | 78,333 |
| 1982 MUSTANG - H/M TICO | 45,000 | 45,000 | 45,000 |
| 1934 FORD-FERGESON DRY LAKE | 96,667 | 96,667 | 96,667 |
| 1932 FORD "LARRY SHINODA" COUP | 145,000 | 145,000 | 145,000 |
| 2005 FORD MUSTANG FR500 | 74,300 | 74,300 | 74,300 |
| 198X FORD MUSTANG - CHASSIS | 225,000 | 225,000 | 225,000 |
| EXCHANGE & SUSPENSE | 30 | 1,078 | 1,078 |
| 1936 FORD - ED PINK CAR | 37,218 | 37,454 | 37,454 |
| NEW ENGINE | 45,171 | 45,171 | 45,171 |
| SHOP EQUIPMENT | 42,010 | 49,093 | 49,093 |
| 1950 FORED DAL PORTO ROADSTER | 88,000 | 88,000 | 88,000 |
| FORD DAYTONA PROTOTYPE DP-03 | 195,821 | 195,821 | 195,821 |
| 1965 FORD FALCONE | 26,508 | ||
| 1929 FORD ROADSTER-DEBISSCHOP | 0 | 100,000 | 100,000 |
| 1932 FORD 5 WINDOW "AVENGER" | 0 | 200,000 | 200,000 |
| 1932 FORD ROADSTER "GOLDENROD" | 0 | 146,667 | 146,667 |
| 1957 FORD THUNDERBRD-BATTLEBIR | 0 | 320,000 | 320,000 |
| 1965 SHELBY GT350 R MODEL | 0 | 962,500 | 962,500 |
| 1982 MUSTANG GTP ZAKSPEED DVLP | 0 | 75,000 | 75,000 |
| 1983 MUSTANG GTP-ZAKSPEED #7 | 0 | 145,000 | 145,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTO REPAIRS | 52,646 | 52,646 | ||
| INSURANCE | 37,345 | 37,345 | ||
| INTERNET & WEB SERVICES | 1,513 | 1,513 | ||
| MEAL & ENTERTAINMENT | 19,785 | 19,785 | ||
| MISCELLANEOUS | 2,435 | 2,435 | ||
| OFFICE EXPENSE | 15,939 | 15,939 | ||
| RENTAL EXPENSE | 2,467 | 2,467 | ||
| TRASH REMOVAL FEE | 1,562 | 1,562 | ||
| SECURITY SERVICE | 5,624 | 5,624 | ||
| SUPPLIES & PARTS | 85,260 | 85,260 | ||
| CONTRACTORS | 81,200 | 81,200 | ||
| TELEPHONE | 2,051 | 2,051 | ||
| DUES & SUBSCRIPTIONS | 4,494 | 4,494 | ||
| ENTRY FEES | 12,166 | 12,166 | ||
| FUEL EXPENSE | 4,891 | 4,891 | ||
| PREPARATION EXPENSE | 16,687 | 16,687 | ||
| APPAREL EXPENSE | 3,310 | 3,310 | ||
| SPRINKLER SYSTEM FEES | 1,000 | 1,000 | ||
| DISPLAY EXPENSE | 19,996 | 19,996 | ||
| PROMOTIONAL EXPENSE | 2,086 | 2,086 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTES PAYABLE | 462,816 | 648,726 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 27,634 | 27,634 |