| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 225 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PRINTER FAX COPIER | 2010-04-30 | 403 | 333 | M | 5 | 46 | 0 | 0 | |
| FILE CABINET | 2000-06-16 | 300 | 300 | M | 7 | 0 | 0 | 0 | |
| TRACTOR | 2000-08-20 | 12,925 | 12,925 | M | 7 | 0 | 0 | 0 | |
| COMER EQUIPMENT | 2004-05-26 | 2,491 | 2,491 | M | 7 | 0 | 0 | 0 | |
| MF TRACTOR | 2005-05-30 | 11,000 | 11,000 | M | 7 | 0 | 0 | 0 | |
| HUDSON TRAILER | 2005-08-27 | 2,409 | 2,408 | M | 7 | 0 | 0 | 0 | |
| FENCING | 2006-04-21 | 4,849 | 2,701 | M | 15 | 287 | 0 | 0 | |
| BACKHOE | 2006-05-22 | 34,700 | 34,700 | M | 7 | 0 | 0 | 0 | |
| CHEVY VAN | 2006-09-15 | 3,500 | 3,500 | M | 5 | 0 | 0 | 0 | |
| GRAPPLE BUCKET | 2006-10-13 | 1,638 | 1,638 | M | 7 | 0 | 0 | 0 | |
| BOX TRAILER | 2007-03-13 | 3,277 | 3,131 | M | 7 | 146 | 0 | 0 | |
| JD 110 BACKHOE | 2007-09-21 | 25,238 | 24,113 | M | 7 | 1,125 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FRANKLIN HIGH INCOME FUND | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 1,580 | 0 | 0 | 0 |
| RENTAL | 171 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 26 | 0 | 0 | 0 |
| FEDERAL INCOME TAX | 591 | 0 | 0 | 0 |