| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 6,652 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| LOAN ORIGINATION FEE | 2010-12-30 | 200 | 183 | 5.0000 | 17 | 200 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2008-05-20 | 761,381 | 139,098 | S/L | 39.0000 | 19,523 | |||
| LAND B&B | 2008-05-20 | 84,598 | |||||||
| GRAY DESK & WOOD HUTCH | 2008-05-20 | 150 | 150 | 200DB | 7.0000 | ||||
| REFRIGERATOR | 2008-05-20 | 500 | 500 | 200DB | 5.0000 | ||||
| DISHWASHER | 2008-05-20 | 600 | 600 | 200DB | 5.0000 | ||||
| COFFEE MAKER | 2008-05-20 | 150 | 150 | 200DB | 5.0000 | ||||
| KENMORE WASHER/DRYER | 2008-05-20 | 200 | 200 | 200DB | 5.0000 | ||||
| WALNUT ROUND TABLE W/ ONE LEAF | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| WALNUT OVAL DROP LEAF TABLE | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| WALNUT ROUND TABLE | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| WALNUT JELLY CUPBOARD | 2008-05-20 | 1,200 | 1,200 | 200DB | 7.0000 | ||||
| GLASS CURIO CABINET | 2008-05-20 | 150 | 150 | 200DB | 7.0000 | ||||
| ORIENTAL RUG BY BACK DOOR | 2008-05-20 | 150 | 150 | 200DB | 7.0000 | ||||
| MAROON LEATHER RECLINER | 2008-05-20 | 650 | 650 | 200DB | 7.0000 | ||||
| NAVY LEATHER RECLINER | 2008-05-20 | 650 | 650 | 200DB | 7.0000 | ||||
| STRIPED SOFA | 2008-05-20 | 730 | 730 | 200DB | 7.0000 | ||||
| STRIPED LOVE SEAT | 2008-05-20 | 465 | 465 | 200DB | 7.0000 | ||||
| NAVY CLOTH WING BACK | 2008-05-20 | 125 | 125 | 200DB | 7.0000 | ||||
| NAVY CLOTH WING BACK | 2008-05-20 | 125 | 125 | 200DB | 7.0000 | ||||
| CHERRY LAMP TABLE | 2008-05-20 | 130 | 130 | 200DB | 7.0000 | ||||
| GLASS COFFEE TABLE | 2008-05-20 | 360 | 360 | 200DB | 7.0000 | ||||
| TALL STIFFEL LAMP | 2008-05-20 | 90 | 90 | 200DB | 7.0000 | ||||
| TALL STIFFEL LAMP | 2008-05-20 | 90 | 90 | 200DB | 7.0000 | ||||
| GATHERING STICKS PAINTING | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| WALNUT GLASS FRONT DESK | 2008-05-20 | 900 | 900 | 200DB | 7.0000 | ||||
| SAVITAR COLLECTION W/ BOOKCASE | 2008-05-20 | 4,500 | 4,500 | 200DB | 7.0000 | ||||
| 4 POSTER WALNUT CANOPY BED | 2008-05-20 | 4,185 | 4,185 | 200DB | 7.0000 | ||||
| WALNUT ONE DRAWER TABLE | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| WALNUT ONE DRAWER TABLE | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| 2 BRASS LAMPS | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| GREEN ORIENTAL RUG | 2008-05-20 | 80 | 80 | 200DB | 7.0000 | ||||
| MAROON LEATHER LOVE SEAT | 2008-05-20 | 250 | 250 | 200DB | 7.0000 | ||||
| FISHER WASHER/DRYER | 2008-05-20 | 1,000 | 1,000 | 200DB | 7.0000 | ||||
| BROWN LEATHER SOFA | 2008-05-20 | 1,200 | 1,200 | 200DB | 7.0000 | ||||
| BROWN LEATHER RECLINER | 2008-05-20 | 900 | 900 | 200DB | 7.0000 | ||||
| BUTTERNUT CORNER CUPBOARD | 2008-05-20 | 950 | 950 | 200DB | 7.0000 | ||||
| FLOOR LAMP SPIRAL | 2008-05-20 | 50 | 50 | 200DB | 7.0000 | ||||
| FLOOR LAMP BLACK | 2008-05-20 | 50 | 50 | 200DB | 7.0000 | ||||
| COLUMBIA AG FARM MAP | 2008-05-20 | 175 | 175 | 200DB | 7.0000 | ||||
| REPRESENTATIVE MEN OF BOONE CO | 2008-05-20 | 125 | 125 | 200DB | 5.0000 | ||||
| CANDLE STAND TABLE | 2008-05-20 | 145 | 145 | 200DB | 7.0000 | ||||
| CAPTAIN'S CHAIR | 2008-05-20 | 150 | 150 | 200DB | 7.0000 | ||||
| TALL WALL MIRROR | 2008-05-20 | 185 | 185 | 200DB | 7.0000 | ||||
| MEDICINE CABINET IN BATHROOM | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| YELLOW/BLUE WING BACK CHAIRS | 2008-05-20 | 400 | 400 | 200DB | 7.0000 | ||||
| BLANKET CHEST | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| TV | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| BRASS BEDSIDE LAMP | 2008-05-20 | 50 | 50 | 200DB | 7.0000 | ||||
| ORIENTAL RUNNER | 2008-05-20 | 180 | 180 | 200DB | 7.0000 | ||||
| BRASS BED | 2008-05-20 | 1,200 | 1,200 | 200DB | 7.0000 | ||||
| PLAID WING BACK CHAIRS | 2008-05-20 | 400 | 400 | 200DB | 7.0000 | ||||
| DESK W/ GREEN TOP | 2008-05-20 | 275 | 275 | 200DB | 7.0000 | ||||
| CAPTAINS CHAIR | 2008-05-20 | 150 | 150 | 200DB | 7.0000 | ||||
| TALL BRASS BEDSIDE LAMP | 2008-05-20 | 50 | 50 | 200DB | 7.0000 | ||||
| SHORT BRASS BEDSIDE LAMP | 2008-05-20 | 50 | 50 | 200DB | 7.0000 | ||||
| TV | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| WALNUT DROP LEAF LAMP TABLE | 2008-05-20 | 245 | 245 | 200DB | 7.0000 | ||||
| LAMP | 2008-05-20 | 75 | 75 | 200DB | 7.0000 | ||||
| TIGER MAPLE 4 POSTER BED | 2008-05-20 | 1,695 | 1,695 | 200DB | 7.0000 | ||||
| TIGER MAPLE BEDSIDE TABLE | 2008-05-20 | 485 | 485 | 200DB | 7.0000 | ||||
| TIGER MAPLE BEDSIDE TABLE | 2008-05-20 | 485 | 485 | 200DB | 7.0000 | ||||
| BLUE FLEXSTEEL RECLINER | 2008-05-20 | 300 | 300 | 200DB | 7.0000 | ||||
| BLUE FLEXSTEEL RECLINER | 2008-05-20 | 300 | 300 | 200DB | 7.0000 | ||||
| TALL LAMP TABLE | 2008-05-20 | 90 | 90 | 200DB | 7.0000 | ||||
| BRASS BEDSIDE LAMP | 2008-05-20 | 140 | 140 | 200DB | 7.0000 | ||||
| BRASS CHAIRSIDE LAMP | 2008-05-20 | 70 | 70 | 200DB | 7.0000 | ||||
| SINGLE CHAIR- BEIGE CLOTH SEAT | 2008-05-20 | 25 | 25 | 200DB | 7.0000 | ||||
| TV | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| BLUE LEATHER SOFA | 2008-05-20 | 1,200 | 1,200 | 200DB | 7.0000 | ||||
| FLOWERED CHAIR & OTTOMAN | 2008-05-20 | 250 | 250 | 200DB | 7.0000 | ||||
| TV | 2008-05-20 | 100 | 100 | 200DB | 7.0000 | ||||
| 2 BEDSIDE LAMPS | 2008-05-20 | 140 | 140 | 200DB | 7.0000 | ||||
| BEDSIDE WALNUT TABLE | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| BEDSIDE WALNUT TABLE W/ LONG DRAWER | 2008-05-20 | 350 | 350 | 200DB | 7.0000 | ||||
| FLOOR LAMP | 2008-05-20 | 125 | 125 | 200DB | 7.0000 | ||||
| MIRROR OVER SOFA | 2008-05-20 | 245 | 245 | 200DB | 7.0000 | ||||
| SHEEP PICTURE | 2008-05-20 | 225 | 225 | 200DB | 7.0000 | ||||
| CHINE HUTCH, VASE, & BOWL | 2008-05-20 | 2,080 | 2,080 | 200DB | 7.0000 | ||||
| CO2 & SMOKE DETECTORS | 2008-09-30 | 2,935 | 509 | S/L | 39.0000 | 74 | |||
| WALNUT TABLE & GILT MIRROR | 2008-08-21 | 350 | 350 | 200DB | 5.0000 | ||||
| DINING TABLE & CHAIRS | 2009-08-28 | 2,354 | 2,354 | 200DB | 5.0000 | ||||
| WALKWAY | 2009-10-13 | 3,634 | 1,596 | 150DB | 15.0000 | 220 | |||
| PATIO & RAILING | 2009-11-06 | 14,750 | 6,476 | 150DB | 15.0000 | 886 | |||
| FRONT PORCH | 2010-06-17 | 5,800 | 750 | S/L | 39.0000 | 148 | |||
| ICE MACHINE | 2009-07-08 | 523 | 523 | 200DB | 5.0000 | ||||
| LANDSCAPING | 2010-06-30 | 1,788 | 785 | 150DB | 15.0000 | 101 | |||
| CHANDELIER | 2010-06-30 | 165 | 165 | 200DB | 5.0000 | ||||
| LOCK SYSTEM | 2010-02-28 | 3,372 | 465 | S/L | 39.0000 | 86 | |||
| LANDSCAPING | 2010-04-28 | 1,152 | 506 | 150DB | 15.0000 | 66 | |||
| LOVESEAT | 2009-11-30 | 1,300 | 1,300 | 200DB | 5.0000 | ||||
| LAND NEW FRANKLIN | 2010-11-20 | 100,929 | |||||||
| FRONT SIGN | 2011-11-22 | 1,662 | 851 | S/L | 7.0000 | 237 | |||
| GE MONOGRAM COOKTOP AND VENT HOOD | 2012-03-09 | 5,858 | 2,790 | S/L | 7.0000 | 837 | |||
| PATIO FURNITURE | 2012-04-30 | 638 | 288 | S/L | 7.0000 | 91 | |||
| LAND | 2013-12-19 | 100,307 | |||||||
| FRENCH DRAIN | 2014-06-09 | 9,530 | 1,060 | 150DB | 15.0000 | 847 | |||
| ICE MAKER | 2015-05-05 | 1,844 | 968 | 200DB | 5.0000 | 350 | |||
| LAND PEMISCOT | 2016-04-08 | 35,499 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 855,074 | 220,339 | 634,735 | 855,074 | |
| 200 | 200 | 200 | ||
| 501,216 | 501,216 | 501,216 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSES | 300 | |||
| DUES AND SUBSCRIPTIONS | 1,178 | |||
| INSURANCE | 4,764 | |||
| MISCELLANEOUS EXPENSE | 6,143 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BED AND BREAKFAST | 110,688 | 110,688 | |
| MEMBERSHIP DUES | 7,750 | 7,750 | |
| RENT INCOME | 17,491 | 17,491 | |
| OTHER INCOME | 474 | 474 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 3,696 |