| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WRIGHT MCAFEE CO | 5,460 | 2,730 | 2,730 | 2,730 |
| 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 | 16,367 | 4,580 | 4,580 | 4,580 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| Alyce Well | 2010-07 | P | 2015-12 |
Rox Exploratiion |
739 | 12,491 | Cost | 739 | 12,491 | |
| PODPAD LLC | 2011-07 | P | 2016-11 | 11,786 | Cost | 11,786 |
| Identifier | Return Reference | Explanation |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VARIOUS PARTNERSHIPS OIL | 360,188 | 160,751 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VARIOUS | 460,494 | 412,074 | 48,420 | 48,420 |
| 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 | 199,437 |
| 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 | 91,524 | 54,624 | 54,624 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEASE OPERATING EXPENSES | 11,577 | 11,577 | 11,577 | |
| BANK CHARGES | 50 | 25 | 25 | 25 |
| INSURANCE | 371 | 371 | 371 | |
| AMORTIZATION | 4,168 | 4,168 | 4,168 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL GAS INCOME | 14,276 | 14,276 | 14,276 |
| PARTNERSHIP INCOME AND LOSSES | -4,184 | -4,184 | -4,184 |
| INTEREST INCOME FROM K-1 | 2,815 | 2,815 | 2,815 |
| GAIN ON SALE OF OIL GAS INTERSTS | 1,559 | 1,559 | 1,559 |
| 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 | 1,510 | 1,510 | 1,510 | |
| PRODUCTION TAX | 932 | 932 | 932 |