| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURN & FIXT | 2011-05-01 | 3,886 | 3,886 | M5 | |||||
| FURN & FIXT 2012 | 2012-11-01 | 139,146 | 102,703 | SL | 7 | 19,878 | |||
| INITIAL LEASE BUIL | 2012-10-01 | 260,540 | 91,187 | SL | 15 | 17,369 | |||
| COMPUTERS & EQUIP | 2012-10-01 | 59,467 | 59,467 | SL | 5 | ||||
| DECORATIONS | 2012-11-01 | 56,179 | 41,468 | SL | 7 | 8,026 | |||
| FURN & FIXT 2013 | 2013-08-01 | 3,419 | 2,156 | SL | 7 | 488 | |||
| FURN & FIXT 2014 | 2014-09-29 | 6,396 | 2,970 | SL | 7 | 914 | |||
| 2012 COMPUTERS | 2012-12-31 | 37,503 | 37,503 | SL | 5 | ||||
| 2012 FURN & FIXT | 2012-12-31 | 404,390 | 288,850 | SL | 7 | 57,770 | |||
| 2012 LEASE IMPROVE | 2012-12-31 | 315,136 | 105,045 | SL | 15 | 21,009 | |||
| 2013 COMPUTERS | 2013-09-03 | 5,417 | 4,691 | SL | 5 | 726 | |||
| 2013 FURN & FIXT | 2013-08-26 | 13,963 | 8,644 | SL | 7 | 1,995 | |||
| 2013 LEASE IMPROVE | 2013-02-24 | 9,943 | 3,202 | SL | 15 | 663 | |||
| 2013 ARTWORK | 2013-05-14 | 14,868 | 9,919 | SL | 7 | 2,124 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURN & FIXT | 3,886 | 3,886 | ||
| FURN & FIXT 2012 | 139,146 | 122,581 | 16,565 | |
| INITIAL LEASE BUIL | 260,540 | 108,556 | 151,984 | |
| COMPUTERS & EQUIP | 59,467 | 59,467 | ||
| DECORATIONS | 56,179 | 49,494 | 6,685 | |
| FURN & FIXT 2013 | 3,419 | 2,644 | 775 | |
| FURN & FIXT 2014 | 6,396 | 3,884 | 2,512 | |
| 2012 COMPUTERS | 37,503 | 37,503 | ||
| 2012 FURN & FIXT | 404,390 | 346,620 | 57,770 | |
| 2012 LEASE IMPROVE | 315,136 | 126,054 | 189,082 | |
| 2013 COMPUTERS | 5,417 | 5,417 | ||
| 2013 FURN & FIXT | 13,963 | 10,639 | 3,324 | |
| 2013 LEASE IMPROVE | 9,943 | 3,865 | 6,078 | |
| 2013 ARTWORK | 14,868 | 12,043 | 2,825 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMPUTER & INTERNET EXPENSE | 3,192 | 3,192 | ||
| MISCELLANEOUS EXPENSES | 71 | 71 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME-AG SPRING | 489,653 | 489,653 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX |