| 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 |
|---|---|---|---|---|---|---|---|---|---|
| HOUSE | 2012-01-18 | 57,320 | 5,124 | S/L | 27.5000 | 2,084 | |||
| LAND | 2012-01-18 | 12,000 | |||||||
| CONSTRUCTION | 2012-07-30 | 35,219 | 4,500 | S/L | 15.0000 | 2,348 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 92,539 | 14,056 | 78,483 | ||
| 12,000 | 12,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FAMILY RELIEF PROGRAM | 3,683 | 3,683 | ||
| MAINTENANCE | 150 | 150 | ||
| BANK CHARGES | 108 | |||
| UTILITIES | 445 | 445 | ||
| INSURANCE | 829 | 829 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 50 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 360 |