| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTINGLEGAL | 100 | 0 | 0 | 100 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FARM EQUIPMENT 1 | 2014-07-01 | 493 | 49 | M | 5 | 79 | 0 | 0 | |
| FARM EQUIPMENT 2 | 2014-08-15 | 4,400 | 440 | M | 5 | 704 | 0 | 0 | |
| FARM EQUIPMENT 3 | 2014-06-15 | 16,000 | 1,600 | M | 5 | 2,560 | 0 | 0 | |
| FARM IMPROVEMENT 1 | 2014-04-15 | 2,371 | 237 | M | 5 | 379 | 0 | 0 | |
| FARM IMPROVEMENT 2 | 2014-05-15 | 3,184 | 318 | M | 5 | 509 | 0 | 0 | |
| FARM IMPROVEMENT 3 | 2014-06-15 | 479 | 48 | M | 5 | 76 | 0 | 0 | |
| FARM TREES 1 | 2014-02-15 | 402 | 20 | M | 10 | 36 | 0 | 0 | |
| FARM TREES 2 | 2014-03-15 | 150 | 8 | M | 10 | 13 | 0 | 0 | |
| FARM TREES 3 | 2014-04-15 | 206 | 10 | M | 10 | 19 | 0 | 0 | |
| FARM TREES 4 | 2014-05-15 | 20 | 1 | M | 10 | 2 | 0 | 0 | |
| FARM TREES 5 | 2014-06-15 | 297 | 15 | M | 10 | 27 | 0 | 0 | |
| FARM TREES 6 | 2014-10-15 | 256 | 13 | M | 10 | 23 | 0 | 0 | |
| FARM TREES 7 | 2014-11-15 | 879 | 44 | M | 10 | 79 | 0 | 0 | |
| FARM IMPROVEMENTS 4 | 2015-01-15 | 870 | 0 | M | 5 | 174 | 0 | 0 | |
| FARM EQUIPMENT 4 | 2015-01-15 | 572 | 0 | M | 5 | 114 | 0 | 0 | |
| FARM EQUIPMENT 5 | 2015-09-15 | 6,000 | 0 | M | 5 | 1,200 | 0 | 0 | |
| FARM TREES 8 | 2015-03-15 | 1,084 | 0 | M | 10 | 108 | 0 | 0 | |
| FARM TREES 9 | 2015-05-15 | 1,560 | 0 | M | 10 | 156 | 0 | 0 | |
| FARM TREES 10 | 2015-10-15 | 527 | 0 | M | 10 | 53 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM EQUIPMENT AND TREES | 39,750 | 23,685 | 16,065 | 16,065 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT LABOR | 5,606 | 0 | 0 | 5,606 |
| ADVERTISING | 50 | 0 | 0 | 50 |
| BANK FEES | 242 | 0 | 0 | 242 |
| DIESEL FUEL | 3,031 | 0 | 0 | 3,031 |
| EQUIPMENT MAINT | 3,956 | 0 | 0 | 3,956 |
| EQUIPMENT RENTAL | 1,417 | 0 | 0 | 1,417 |
| FARM SUPPLIES | 7,635 | 0 | 0 | 7,635 |
| INSURANCE | 4,372 | 0 | 0 | 4,372 |
| POSTAGE | 1,432 | 0 | 0 | 1,432 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REGISTRATION | 7 | 0 | 0 | 7 |
| Name | Address |
|---|---|
| KOLLIN BRAEBORNE |
629 LCR 310 MART,TX76664 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 308 | 0 | 0 | 308 |