| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 1996 500SL Mercedes | 1996-07-01 | 20,000 | 16,000 | SL | 5 | 0 | 0 | 0 | |
| 1991 Mercedes 300SL | 1991-07-15 | 13,000 | 9,000 | SL | 5 | 0 | 0 | 0 | |
| 2013 Mercedes | 2013-07-15 | 36,659 | 2,722 | SL | 5 | 5,100 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Autos | 69,659 | 32,822 | 36,837 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | Robert Quatkemyer Jr |
| Lender's Title | President |
| Original Amount of Loan | 1000 |
| Balance Due | 1000 |
| Date of Note | |
| Maturity Date | 2015-01 |
| Repayment Terms | Open |
| Interest Rate | 0 |
| Security Provided by Borrower | |
| Purpose of Loan | Operation |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| State of Ohio Annual Fee | 50 | 0 | 0 | 0 |
| Count Index Press | 20 | 0 | 0 | 0 |
| Buchner Legal Fee | 50 | 0 | 0 | 0 |
| Bank Service Fee | 6 | 0 | 0 | 0 |
| Chase Auto Lease | 5,188 | 0 | 0 | 0 |
| Auto Insurance | 1,982 | 0 | 0 | 0 |
| Mercedes Benz Service | 475 | 0 | 0 | 0 |
| Auto Registration Fee- BMV | 239 | 0 | 0 | 0 |
| BCUA Dues - Baseball Program | 50 | 0 | 0 | 0 |
| Bob Phillips- Instructor | 205 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Auto Loan | 24,497 | 19,309 |