| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 10,286 | 0 | 0 | 10,286 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2015 TOYOTA TUNDRA | 2014-12-22 | 51,961 | 41,298 | 200DB | 10.94 % | 5,685 | |||
| FLY SPRAY SYSTEM | 2014-04-18 | 2,296 | 1,609 | 200DB | 8.87 % | 204 | |||
| PASTURE WATERERS | 2014-06-18 | 11,555 | 8,095 | 200DB | 8.87 % | 1,025 | |||
| 2 HORSE TRAILERS | 2014-09-25 | 13,536 | 11,050 | 200DB | 11.30 % | 1,530 | |||
| ARENA WERKS BUGGY | 2014-07-16 | 2,568 | 1,732 | 200DB | 9.30 % | 239 | |||
| FIXED PALLET FORK | 2014-08-05 | 963 | 649 | 200DB | 9.30 % | 90 | |||
| PASTURE WATERER | 2014-08-13 | 1,950 | 1,315 | 200DB | 9.30 % | 181 | |||
| HAY FEEDERS | 2014-09-11 | 9,598 | 6,475 | 200DB | 9.30 % | 893 | |||
| HAY FEEDERS | 2014-10-06 | 9,598 | 6,225 | 200DB | 10.04 % | 964 | |||
| CONCRETE WATERER | 2014-10-17 | 2,745 | 1,780 | 200DB | 10.04 % | 276 | |||
| FRONTIER SEEDERS | 2014-07-17 | 8,185 | 5,522 | 200DB | 9.30 % | 761 | |||
| IMPROVEMENTS | 2014-12-15 | 117,702 | 32,980 | 150DB | 7.20 % | 8,475 | |||
| SPRINKLERS' SYSTEM | 2014-12-24 | 28,110 | 7,876 | 150DB | 7.20 % | 2,024 | |||
| S570 BOBCAT | 2015-04-07 | 41,195 | 23,181 | 200DB | 12.49 % | 5,145 | |||
| GENERATOR & SWITCH | 2015-02-25 | 94,347 | 53,089 | 200DB | 12.49 % | 11,784 | |||
| FRONTIER'S RB REAL BLADES | 2015-02-11 | 2,943 | 1,657 | 200DB | 12.49 % | 368 | |||
| 2015 JOHN DEERE MOWER | 2015-03-02 | 18,811 | 10,585 | 200DB | 12.49 % | 2,349 | |||
| GAS TANK | 2015-02-17 | 530 | 299 | 200DB | 12.49 % | 66 | |||
| GAS TANK | 2015-07-22 | 505 | 284 | 200DB | 12.49 % | 63 | |||
| IMPROVEMENT | 2015-12-11 | 42,024 | 9,686 | 150DB | 7.70 % | 3,236 | |||
| SPRINKLERS' SYSTEM | 2015-11-17 | 61,547 | 14,186 | 150DB | 7.70 % | 4,739 | |||
| LANDSCAPING | 2015-01-30 | 11,215 | 2,585 | 150DB | 7.70 % | 864 | |||
| 2016 JOHN DEERE GATOR | 2016-06-22 | 13,640 | 5,289 | 200DB | 17.49 % | 2,386 | |||
| BOBCAT AUGER | 2016-10-03 | 2,675 | 1,037 | 200DB | 17.49 % | 468 | |||
| CAMERA SYSTEM | 2016-11-12 | 2,950 | 1,144 | 200DB | 17.49 % | 516 | |||
| ARENA FOOTING | 2016-09-02 | 7,475 | 1,084 | 150DB | 8.55 % | 639 | |||
| IMPROVEMENT | 2016-12-06 | 10,134 | 1,470 | 150DB | 8.55 % | 866 | |||
| SPRINKLERS' SYSTEM | 2016-02-03 | 49,004 | 7,105 | 150DB | 8.55 % | 4,190 | |||
| RUN-IN SHED | 2016-12-13 | 7,623 | 1,105 | 150DB | 8.55 % | 652 | |||
| FENCE | 2017-02-17 | 10,346 | 517 | 150DB | 9.50 % | 983 | |||
| 2017 JOHN DEERE TRACTOR | 2017-04-05 | 21,154 | 3,023 | 200DB | 24.49 % | 5,181 | |||
| RUN-IN SHED | 2017-01-26 | 4,848 | 242 | 150DB | 9.50 % | 461 | |||
| BUILDING | 2018-05-01 | 801,872 | SL | 2.27 % | 18,227 | ||||
| COMMUNICATION WIRING | 2018-06-25 | 6,308 | 200DB | 17.85 % | 1,126 | ||||
| PASTURE FENCE | 2018-11-16 | 123,138 | 150DB | 1.25 % | 1,539 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 50,000 SH ALTRIA GROUP INC. | 2,622,500 | 2,469,500 |
| 64,914 SH AT&T INC. | 2,105,161 | 1,852,646 |
| 20,000 SH BRISTOL MYERS SQUIBB CO. | 1,178,700 | 1,039,600 |
| 40,000 SH CONS EDISON INC. | 2,518,200 | 3,058,400 |
| 20,000 SH DUKE ENERGY CORP NEW | 1,424,700 | 1,726,000 |
| 31,910 SH ELI LILLY & CO. | 2,537,862 | 3,692,625 |
| 40,500 SH SOUTHERN CO. | 1,752,030 | 1,778,760 |
| 15,000 SH NUTRISYSTEM INC. | 831,000 | 658,200 |
| 5,624 SH WALMART INC. | 540,916 | 523,876 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 65,497 | 59,563 | 5,934 | 5,934 |
| Machinery and Equipment | 254,516 | 167,075 | 87,441 | 87,441 |
| Buildings | 801,872 | 18,227 | 783,645 | 783,645 |
| Improvements | 473,166 | 107,504 | 365,662 | 365,662 |
| Land | 974,505 | 974,505 | 974,505 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 30 | 0 | 0 | 30 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING EXPENSE | 500 | 500 | ||
| AUTO EXPENSE | 4,565 | 4,565 | ||
| FARRIER EXPENSE | 4,720 | 4,720 | ||
| FEED | 5,335 | 5,335 | ||
| HAY | 7,756 | 7,756 | ||
| HORSE SUPPLY | 38,433 | 38,433 | ||
| INSURANCE EXPENSE | 4,775 | 4,775 | ||
| LICENSE & PERMIT | 986 | 986 | ||
| PASTURE MAINTENANCE | 8,295 | 8,295 | ||
| PAYROLL SERVICE FEE | 1,030 | 1,030 | ||
| REPAIR & MAINTENANCE | 2,865 | 2,865 | ||
| SHAVING EXPENSE | 5,257 | 5,257 | ||
| TRAINING EXPENSE | 73 | 73 | ||
| TRAVEL | 146 | 146 | ||
| UTILITY EXPENSE | 1,627 | 1,627 | ||
| VETERINARY,MEDICINE,ETC. | 31,413 | 31,413 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER MISCELLANEOUS | 585 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX PAYABLE | 312 | 1,036 |
| Name | Address |
|---|---|
| THERESA S VONDERSCHMITT |
510 MENDEL LANE JASPER,IN47546 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 4,405 | 4,405 | ||
| PROPERTY TAX | 10 | 10 | ||
| TAX ON INVESTMENT INCOME | 17,000 |