| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 10,800 | 5,400 | 0 | 5,400 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| KANAB BLDG | 2003-12-19 | 166,428 | 42,848 | SL | 39.000000000000 | 4,267 | 4,267 | 0 | |
| KANAB LAND | 2003-12-19 | 6,264 | L | 0 | 0 | 0 | |||
| KANAB AGRICULTURAL BLDG | 2003-12-19 | 6,263 | 3,504 | 150DB | 20.000000000000 | 279 | 279 | 0 | |
| KANAB LAND | 2004-01-01 | 2,000 | L | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| KANAB BLDG | 166,428 | 47,115 | 119,313 | |
| KANAB LAND | 6,264 | 0 | 6,264 | |
| KANAB AGRICULTURAL BLDG | 6,263 | 3,783 | 2,480 | |
| KANAB LAND | 2,000 | 0 | 2,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGE | 490 | 245 | 0 | 245 |
| INSURANCE | 655 | 327 | 0 | 328 |
| OFFICE EXPENSE | 104 | 52 | 0 | 52 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V3SP II | NONE | 100,000 | 50,000 | 2011-09 | 2012-09 | SHORT TERM | 500.0000000000 % | THE LOAN IS AN INVESTMENT | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 3,127 | 1,563 | 0 | 1,564 |
| DAWN FERRY CONSULTING FEES | 48,500 | 24,250 | 0 | 24,250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 2,692 | 1,346 | 0 | 1,346 |