| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WRIGHT MCAFEE CO | 5,030 | 2,515 | 2,515 | 2,515 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 11,037 | 5,330 | 5,330 | 5,330 | |||||
| DEPLETION ON WELLS | 9,574 |
| Identifier | Return Reference | Explanation |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VARIOUS PARTNERSHIPS OIL | 351,223 | 131,295 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VARIOUS | 460,519 | 407,494 | 53,025 | 53,025 |
| LAND | 275,517 | 275,517 | 275,517 |
| Item No. | 1 |
|---|---|
| Lender's Name | FIRST STATEM BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 219928 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MINERALS HELD FOR SALE | 70,800 | 91,524 | 91,524 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AMORTIZATION | 4,168 | 4,168 | 4,168 | |
| LEASE OPERATING EXPENSES | 11,817 | 11,817 | 11,817 | |
| FILING FEES | 35 | 35 | 35 | |
| INSURANCE | 371 | 371 | 371 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL GAS INCOME | 20,114 | 20,114 | 20,114 |
| PARTNERSHIP INCOME AND LOSSES | -22,788 | -22,788 | -22,788 |
| INTEREST INCOME FROM K-1 | 3,486 | 3,486 | 3,486 |
| GAIN ON SALE OF OIL GAS INTERSTS | 9,460 | 9,460 | 9,460 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Real estate tax not included in line 20 | 1,678 | 1,678 | 1,678 | |
| PRODUCTION TAX | 781 | 781 | 781 |