| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDINGS (2) | 2015-04-01 | 1,250,000 | SL | 39.000000000000 | 22,703 | 0 | |||
| PAVING | 2015-04-01 | 75,000 | 150DB | 15.000000000000 | 3,750 | 0 | |||
| TURF | 2015-04-01 | 1,100,000 | 150DB | 15.000000000000 | 55,000 | 0 | |||
| FENCING | 2015-04-01 | 120,000 | 150DB | 15.000000000000 | 6,000 | 0 | |||
| LIGHTING | 2015-04-01 | 180,000 | 200DB | 7.000000000000 | 25,714 | 0 | |||
| IRRIGATION | 2015-04-01 | 120,000 | 150DB | 15.000000000000 | 6,000 | 0 | |||
| MISCELLANEOUS LAND IMPROVEMENTS | 2015-04-01 | 148,707 | 150DB | 15.000000000000 | 7,435 | 0 | |||
| LAND - DALE AVE | 2015-04-01 | 3,450,000 | L | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS (2) | 1,250,000 | 22,703 | 1,227,297 | 1,227,297 |
| PAVING | 75,000 | 3,750 | 71,250 | 71,250 |
| TURF | 1,100,000 | 55,000 | 1,045,000 | 1,045,000 |
| FENCING | 120,000 | 6,000 | 114,000 | 114,000 |
| LIGHTING | 180,000 | 25,714 | 154,286 | 154,286 |
| IRRIGATION | 120,000 | 6,000 | 114,000 | 114,000 |
| MISCELLANEOUS LAND IMPROVEMENTS | 148,707 | 7,435 | 141,272 | 141,272 |
| LAND - DALE AVE | 3,450,000 | 0 | 3,450,000 | 3,450,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX PAYMENTS | 100 | 0 | 0 |