| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2011-09-06 | 10,400 | 4,952 | S/L | 7.0000 | 1,486 | 1,486 | ||
| RANCH | 2012-05-31 | 2,210,237 | |||||||
| RANCH BUILDING AND IMPROVEMENTS | 2012-05-31 | 6,649 | 440 | S/L | 39.0000 | 171 | 171 | ||
| 2000 DODGE RAM TRUCK | 2012-05-24 | 11,684 | 4,312 | S/L | 7.0000 | 1,669 | 1,669 | ||
| HARROW | 2012-12-17 | 970 | 277 | S/L | 7.0000 | 139 | 139 | ||
| 1993 TURNBOW 2-HORSE TRAILER | 2012-05-26 | 2,500 | 1,292 | S/L | 5.0000 | 500 | 500 | ||
| 2007 SUNDOWNER 3-HORSE TRAILER | 2012-11-20 | 15,000 | 3,125 | S/L | 10.0000 | 1,500 | 1,500 | ||
| FLOORING | 2013-03-29 | 2,000 | 92 | S/L | 39.0000 | 51 | 51 | ||
| ISOLATION BARN | 2013-05-01 | 3,600 | 1,396 | 200DB | 7.0000 | 630 | 630 | ||
| MISTING SYSTEM | 2013-07-05 | 4,191 | 1,625 | 200DB | 7.0000 | 733 | 733 | ||
| PATIO FURNITURE | 2013-05-01 | 1,636 | 634 | 200DB | 7.0000 | 287 | 287 | ||
| INLAND KUBOTA TRACTOR 2014 | 2014-05-06 | 15,252 | 2,179 | 200DB | 7.0000 | 3,735 | 3,735 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 73,882 | 31,225 | 42,657 | 40,000 | |
| 2,210,237 | 2,210,237 | 2,300,000 |
| Description | Amount |
|---|---|
| ACCRUAL TO CASH CONVERSION | 77,558 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EVENTS | ||||
| PARTY FURNITURE AND EQUIPMENT | 9,871 | 9,871 | ||
| POSTAGE | 700 | 700 | ||
| DECORATIONS AND PRIZES | 1,692 | 1,692 | ||
| OTHER | 4,680 | 4,680 | ||
| EXPENSES | ||||
| ADMINISTRATIVE | 23,084 | 23,084 | ||
| AUTO, TRAILOR AND TRACTOR | 2,673 | 2,673 | ||
| BANK AND MERCHANT CHARGES | 9,045 | 9,045 | ||
| BOARDING AND TRAINING | 75,301 | 7,530 | 67,771 | |
| FARRIER | 15,250 | 1,525 | 13,725 | |
| STABLE MAINTENANCE SERVICE | 179,436 | 17,943 | 161,493 | |
| SUPPLIES - FEED | 12,445 | 1,245 | 11,200 | |
| SUPPLIES - BEDDING | 49,258 | 4,926 | 44,332 | |
| SUPPLIES - HAY | 193,817 | 19,382 | 174,435 | |
| SUPPLIES - OTHER | 14,606 | 14,606 | ||
| VETERINARY | 37,053 | 37,053 | ||
| PRINTING AND POSTAGE | 7,949 | 7,949 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ADOPTION FEES | 11,500 | 11,500 | |
| EVENTS | 121,736 | 121,736 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MORTGAGE PAYABLE | 1,125,000 | 1,125,000 |
| PRIVATE MORTGAGE | 100,000 | 100,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EVENTS | 42,170 | 42,170 | ||
| INDIRECT OTHER PROFESSIONAL FEES | 9,097 | 9,097 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| FUNDRAISING MERCHANDISE | 14,045 | 12,595 | 1,450 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 23,969 | 5,992 | 17,977 | |
| FEDERAL TAX | ||||
| STATE TAX AND FEES |