| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,460 | 746 | 0 | 6,714 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WELL & MOTOR | 1974-03-01 | 5,060 | 5,060 | SL | 7.000000000000 | 0 | 0 | 0 | |
| WATER SYSTEM | 1974-03-01 | 9,200 | 9,200 | SL | 7.000000000000 | 0 | 0 | 0 | |
| IRRIGATION WELL & PUMP | 1975-03-01 | 19,500 | 19,500 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WELL PUMP & MILL | 1975-03-01 | 2,625 | 2,625 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WELL & PUMP | 1974-03-01 | 31,500 | 31,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BUILDING REPAIRS | 1979-12-01 | 7,650 | 7,650 | SL | 25.000000000000 | 0 | 0 | 0 | |
| GRAIN BIN | 1980-06-01 | 40,995 | 40,995 | SL | 25.000000000000 | 0 | 0 | 0 | |
| GRAIN BIN | 1983-01-01 | 169,335 | 160,400 | SL | 20.000000000000 | 0 | 0 | 0 | |
| GRAIN FLOOR | 1989-06-14 | 15,250 | 15,250 | SL | 20.000000000000 | 0 | 0 | 0 | |
| #1 HOME - IRRIG - PIVOT SYSTEM | 1995-01-24 | 30,000 | 30,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| #13 E. DERRY - IRRIG - PIVOT SYSTEM | 1996-03-06 | 30,096 | 30,096 | SL | 7.000000000000 | 0 | 0 | 0 | |
| NORTH HAMBERGER - PIVOT SN 18925 | 2002-05-28 | 39,993 | 39,993 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| SOUTH HAMBERGER - PIVOT SN 18926 | 2002-05-28 | 39,993 | 39,993 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| S. HOME - PIVOT SN 18927 - SPRINKLER | 2002-05-28 | 36,757 | 36,757 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| MOTOR PER CO SPRINKLER - WELL MOTORS | 2002-06-07 | 18,233 | 18,233 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| QUONSET ROOF - SHOP | 2003-01-21 | 7,420 | 4,234 | SL | 20.000000000000 | 371 | 371 | 371 | |
| MAJOR REPAIRS - HOUSE AFTER TORNADO | 2003-02-12 | 9,490 | 5,417 | SL | 20.000000000000 | 475 | 475 | 475 | |
| IRRIG - EQUIPMENT - WELL MOTORS | 2003-08-14 | 8,931 | 8,931 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| W.DOOR #34 PUMP HOUSE - HOME WELL | 2003-09-03 | 3,975 | 3,975 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| #1 WELL PUMP PANEL - HOME | 2003-09-04 | 3,882 | 3,882 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| REPAIR PERKINS CO SPRINKLER - W. WILLIE | 2004-08-09 | 19,016 | 19,016 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| SPRINKLER PANEL - 2 WALROD HAMB | 2004-10-04 | 9,056 | 9,056 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| ELECTRIC REPAIRS SPRINKLER - WOLROD | 2004-08-18 | 3,697 | 3,697 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| TL SPRINKLERS 2 USED - W. DERRY / WALROD | 2005-11-01 | 44,100 | 44,100 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| IRRIGATION IMPROVEMENTS - E. WILLIE | 2004-12-31 | 270,000 | 270,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| #5 SO. HOME - RELOCATE WELL | 2010-06-30 | 51,454 | 51,454 | 150DB | 5.000000000000 | 0 | 0 | 0 | |
| E. HOME - SPRINKLER | 2011-05-12 | 58,000 | 30,897 | 150DB | 7.000000000000 | 7,744 | 8,286 | 8,286 | |
| #5 SO. HOME - PIPE WELL | 2010-11-30 | 40,521 | 23,670 | 150DB | 7.000000000000 | 4,815 | 5,789 | 5,789 | |
| EAST HOME - SPRINKLER REPAIRS | 2011-06-29 | 17,486 | 9,315 | 150DB | 7.000000000000 | 2,335 | 2,498 | 2,498 | |
| IRRIG. IMPROVEMENTS - MCKELLIPS - SPRINKLER | 2012-03-01 | 73,308 | 32,900 | 150DB | 7.000000000000 | 8,980 | 10,473 | 10,473 | |
| IRRIG. IMPROVEMENTS - S. SCHIEL - SPRINKLER | 2012-02-16 | 93,620 | 42,017 | 150DB | 7.000000000000 | 11,467 | 13,374 | 13,374 | |
| IRRIG. IMPROVEMENTS - WEST WILLY - PIVOT SPRINKLER | 2012-04-26 | 62,436 | 28,022 | 150DB | 7.000000000000 | 7,648 | 8,919 | 8,919 | |
| IRRIG. REPAIRS - WEST DERRY - WHEELS | 2011-09-28 | 7,996 | 3,589 | 150DB | 7.000000000000 | 979 | 1,142 | 1,142 | |
| IRRIG. REPAIRS - CECIL PIVOT - SPRINKLER | 2012-04-12 | 2,436 | 1,093 | 150DB | 7.000000000000 | 298 | 348 | 348 | |
| GRAIN FACILITIES | 2004-12-31 | 187,500 | 187,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FARM IMPROVEMENTS | 2004-12-31 | 375,000 | 129,731 | SL | 27.500000000000 | 13,636 | 13,636 | 13,636 | |
| BUILDING IMPROVEMENTS - HOUSE FLOOD | 2011-12-14 | 16,161 | 2,852 | 150DB | 20.000000000000 | 998 | 808 | 808 | |
| FILES | 2003-12-10 | 539 | 539 | SL | 10.000000000000 | 0 | 0 | 0 | |
| PROJECTOR/LAPTOP | 2009-06-30 | 3,300 | 3,300 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LAND | 1974-03-01 | 4,115,831 | L | 0 | 0 | 0 | |||
| SPRINKLER - CECIL | 2012-11-05 | 60,000 | 14,285 | SL | 7.000000000000 | 8,571 | 8,571 | 8,571 | |
| SHOP DOOR | 2013-05-15 | 3,948 | 158 | SL | 25.000000000000 | 158 | 158 | 158 | |
| GRAIN BINS IMPROVEMENTS | 2013-09-10 | 10,801 | 450 | SL | 20.000000000000 | 540 | 540 | 540 | |
| GRAIN BINS IMPROVEMENTS | 2013-09-10 | 17,376 | 724 | SL | 20.000000000000 | 869 | 869 | 869 | |
| GRAIN BINS IMPROVEMENTS - 16 ROOF VENTS | 2013-11-13 | 2,704 | 90 | SL | 20.000000000000 | 135 | 135 | 135 | |
| SPRINKLER - CECIL | 2013-07-02 | 6,410 | 916 | SL | 7.000000000000 | 916 | 916 | 916 | |
| NEW SPRINLKER - WEST DERRY | 2013-10-30 | 5,000 | 476 | SL | 7.000000000000 | 714 | 714 | 714 | |
| NEW SPRINLKER - WEST DERRY | 2013-11-13 | 58,414 | 5,563 | SL | 7.000000000000 | 8,345 | 8,345 | 8,345 | |
| NEW SPRINLKER - WEST DERRY | 2014-05-29 | 13,796 | 164 | SL | 7.000000000000 | 1,971 | 1,971 | 1,971 | |
| NEW SPRINLKER - WEST DERRY | 2014-05-14 | 2,757 | 66 | SL | 7.000000000000 | 394 | 394 | 394 | |
| EXECUTIVE DESK SET & FILING CABINET | 2013-09-01 | 3,950 | 470 | SL | 7.000000000000 | 564 | 0 | 564 | |
| LEXMARK XC213 - EXPENSED | 2014-07-15 | 1 | SL | 5.000000000000 | 0 | 0 | 0 | ||
| FURNITURE AND FIXTURES | 2015-04-08 | 4,574 | SL | 7.000000000000 | 163 | 0 | 163 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WELL & MOTOR | 5,060 | 5,060 | 0 | |
| WATER SYSTEM | 9,200 | 9,200 | 0 | |
| IRRIGATION WELL & PUMP | 19,500 | 19,500 | 0 | |
| WELL PUMP & MILL | 2,625 | 2,625 | 0 | |
| WELL & PUMP | 31,500 | 31,500 | 0 | |
| BUILDING REPAIRS | 7,650 | 7,650 | 0 | |
| GRAIN BIN | 40,995 | 40,995 | 0 | |
| GRAIN BIN | 169,335 | 160,400 | 8,935 | |
| GRAIN FLOOR | 15,250 | 15,250 | 0 | |
| #1 HOME - IRRIG - PIVOT SYSTEM | 30,000 | 30,000 | 0 | |
| #13 E. DERRY - IRRIG - PIVOT SYSTEM | 30,096 | 30,096 | 0 | |
| NORTH HAMBERGER - PIVOT SN 18925 | 39,993 | 39,993 | 0 | |
| SOUTH HAMBERGER - PIVOT SN 18926 | 39,993 | 39,993 | 0 | |
| S. HOME - PIVOT SN 18927 - SPRINKLER | 36,757 | 36,757 | 0 | |
| MOTOR PER CO SPRINKLER - WELL MOTORS | 18,233 | 18,233 | 0 | |
| QUONSET ROOF - SHOP | 7,420 | 4,605 | 2,815 | |
| MAJOR REPAIRS - HOUSE AFTER TORNADO | 9,490 | 5,892 | 3,598 | |
| IRRIG - EQUIPMENT - WELL MOTORS | 8,931 | 8,931 | 0 | |
| W.DOOR #34 PUMP HOUSE - HOME WELL | 3,975 | 3,975 | 0 | |
| #1 WELL PUMP PANEL - HOME | 3,882 | 3,882 | 0 | |
| REPAIR PERKINS CO SPRINKLER - W. WILLIE | 19,016 | 19,016 | 0 | |
| SPRINKLER PANEL - 2 WALROD HAMB | 9,056 | 9,056 | 0 | |
| ELECTRIC REPAIRS SPRINKLER - WOLROD | 3,697 | 3,697 | 0 | |
| TL SPRINKLERS 2 USED - W. DERRY / WALROD | 44,100 | 44,100 | 0 | |
| IRRIGATION IMPROVEMENTS - E. WILLIE | 270,000 | 270,000 | 0 | |
| #5 SO. HOME - RELOCATE WELL | 51,454 | 51,454 | 0 | |
| E. HOME - SPRINKLER | 58,000 | 38,641 | 19,359 | |
| #5 SO. HOME - PIPE WELL | 40,521 | 28,485 | 12,036 | |
| EAST HOME - SPRINKLER REPAIRS | 17,486 | 11,650 | 5,836 | |
| IRRIG. IMPROVEMENTS - MCKELLIPS - SPRINKLER | 73,308 | 41,880 | 31,428 | |
| IRRIG. IMPROVEMENTS - S. SCHIEL - SPRINKLER | 93,620 | 53,484 | 40,136 | |
| IRRIG. IMPROVEMENTS - WEST WILLY - PIVOT SPRINKLER | 62,436 | 35,670 | 26,766 | |
| IRRIG. REPAIRS - WEST DERRY - WHEELS | 7,996 | 4,568 | 3,428 | |
| IRRIG. REPAIRS - CECIL PIVOT - SPRINKLER | 2,436 | 1,391 | 1,045 | |
| GRAIN FACILITIES | 187,500 | 187,500 | 0 | |
| FARM IMPROVEMENTS | 375,000 | 143,367 | 231,633 | |
| BUILDING IMPROVEMENTS - HOUSE FLOOD | 16,161 | 3,850 | 12,311 | |
| LAND | 4,115,831 | 0 | 4,115,831 | |
| SPRINKLER - CECIL | 60,000 | 22,856 | 37,144 | |
| SHOP DOOR | 3,948 | 316 | 3,632 | |
| GRAIN BINS IMPROVEMENTS | 10,801 | 990 | 9,811 | |
| GRAIN BINS IMPROVEMENTS | 17,376 | 1,593 | 15,783 | |
| GRAIN BINS IMPROVEMENTS - 16 ROOF VENTS | 2,704 | 225 | 2,479 | |
| SPRINKLER - CECIL | 6,410 | 1,832 | 4,578 | |
| NEW SPRINLKER - WEST DERRY | 5,000 | 1,190 | 3,810 | |
| NEW SPRINLKER - WEST DERRY | 58,414 | 13,908 | 44,506 | |
| NEW SPRINLKER - WEST DERRY | 13,796 | 2,135 | 11,661 | |
| NEW SPRINLKER - WEST DERRY | 2,757 | 460 | 2,297 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS - EDWARD JONES: AMERICAN PORTFOLIO | AT COST | 277,713 | 287,896 |
| INVESTMENTS - EDWARD JONES: ADVISORY PORTFOLIO | AT COST | 160,170 | 177,754 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FILES | 539 | 539 | 0 | |
| PROJECTOR/LAPTOP | 3,300 | 3,300 | 0 | |
| EXECUTIVE DESK SET & FILING CABINET | 3,950 | 1,034 | 2,916 | |
| LEXMARK XC213 - EXPENSED | 1 | 0 | 1 | |
| FURNITURE AND FIXTURES | 4,574 | 163 | 4,411 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 39,353 | 35,418 | 0 | 3,935 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARMING EXPENSES | 2,585 | 2,585 | 0 | 0 |
| INVESTMENT MANAGEMENT FEES AND CHARGES | 2,277 | 2,277 | 0 | 0 |
| OFFICE EXPENSES | 9,218 | 922 | 0 | 8,296 |
| POSTAGE AND DELIVERY | 298 | 30 | 0 | 268 |
| AUCTION EXPENSES | 2,031 | 2,031 | 0 | 0 |
| WORKERS COMP INSURANCE | 323 | 32 | 0 | 291 |
| CROP INSURANCE | 754 | 754 | 0 | 0 |
| LIABILITY INSURANCE | 13,127 | 12,377 | 0 | 750 |
| SPRINKLERS INSURANCE | 14,496 | 14,496 | 0 | 0 |
| OTHER CHARITABLE EXPENSE | 174 | 0 | 0 | 174 |
| DUES AND SUBSCRIPTIONS | 1,594 | 0 | 0 | 1,594 |
| STATE FILING FEES | 10 | 0 | 0 | 10 |
| HOMESTEAD REPAIRS | 1,688 | 1,688 | 0 | 0 |
| SPRINKLER REPAIRS | 1,130 | 1,130 | 0 | 0 |
| WELL REPAIRS | 375 | 375 | 0 | 0 |
| PROGRAM FEES | 2,240 | 2,240 | 0 | 0 |
| EDUCATIONAL TRAINING | 2,000 | 0 | 0 | 2,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CROP INSURANCE PROCEEDS | 16,045 | 0 | 16,045 |
| CCC PAYMENTS | 9,971 | 0 | 9,971 |
| CROP SHARE | 12,165 | 0 | 12,165 |
| Description | Amount |
|---|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 1,817 | 1,893 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MINERAL INTEREST | 11 | 11 | 0 | 0 |
| REAL ESTATE | 110,504 | 110,504 | 0 | 0 |
| PAYROLL TAXES: EMPLOYER FICA TAXES | 4,093 | 409 | 0 | 3,684 |
| FOREIGN TAX PAID | 154 | 154 | 0 | 0 |