| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,000 | 500 | 0 | 4,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WELL & MOTOR | 1974-03-01 | 5,060 | 5,060 | SL | 7.000000000000 | 0 | 0 | 0 | |
| WATER SYSTEM | 1974-03-01 | 9,200 | 9,200 | SL | 7.000000000000 | 0 | 0 | 0 | |
| IRRIGATION WELL & PUMP | 1975-03-01 | 19,500 | 19,500 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WELL PUMP & MILL | 1975-03-01 | 2,625 | 2,625 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WELL & PUMP | 1974-03-01 | 31,500 | 31,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BUILDING REPAIRS | 1979-12-01 | 7,650 | 7,650 | SL | 25.000000000000 | 0 | 0 | 0 | |
| GRAIN BIN | 1980-06-01 | 40,995 | 40,995 | SL | 25.000000000000 | 0 | 0 | 0 | |
| GRAIN BIN | 1983-01-01 | 169,335 | 160,400 | SL | 20.000000000000 | 0 | 0 | 0 | |
| GRAIN FLOOR | 1989-06-14 | 15,250 | 15,250 | SL | 20.000000000000 | 0 | 0 | 0 | |
| #1 HOME - IRRIG - PIVOT SYSTEM | 1995-01-24 | 30,000 | 30,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| #13 E. DERRY - IRRIG - PIVOT SYSTEM | 1996-03-06 | 30,096 | 30,096 | SL | 7.000000000000 | 0 | 0 | 0 | |
| NORTH HAMBERGER - PIVOT SN 18925 | 2002-05-28 | 39,993 | 39,993 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| SOUTH HAMBERGER - PIVOT SN 18926 | 2002-05-28 | 39,993 | 39,993 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| S. HOME - PIVOT SN 18927 - SPRINKLER | 2002-05-28 | 36,757 | 36,757 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| MOTOR PER CO SPRINKLER - WELL MOTORS | 2002-06-07 | 18,233 | 18,233 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| QUONSET ROOF - SHOP | 2003-01-21 | 7,420 | 5,718 | SL | 20.000000000000 | 371 | 371 | 371 | |
| MAJOR REPAIRS - HOUSE AFTER TORNADO | 2003-02-12 | 9,490 | 7,317 | SL | 20.000000000000 | 475 | 475 | 475 | |
| IRRIG - EQUIPMENT - WELL MOTORS | 2003-08-14 | 8,931 | 8,931 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| W.DOOR #34 PUMP HOUSE - HOME WELL | 2003-09-03 | 3,975 | 3,975 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| #1 WELL PUMP PANEL - HOME | 2003-09-04 | 3,882 | 3,882 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| REPAIR PERKINS CO SPRINKLER - W. WILLIE | 2004-08-09 | 19,016 | 19,016 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| SPRINKLER PANEL - 2 WALROD HAMB | 2004-10-04 | 9,056 | 9,056 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| ELECTRIC REPAIRS SPRINKLER - WOLROD | 2004-08-18 | 3,697 | 3,697 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| TL SPRINKLERS 2 USED - W. DERRY / WALROD | 2005-11-01 | 44,100 | 44,100 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| IRRIGATION IMPROVEMENTS - E. WILLIE | 2004-12-31 | 270,000 | 270,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| #5 SO. HOME - RELOCATE WELL | 2010-06-30 | 51,454 | 51,454 | 150DB | 5.000000000000 | 0 | 0 | 0 | |
| E. HOME - SPRINKLER | 2011-05-12 | 58,000 | 58,000 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| #5 SO. HOME - PIPE WELL | 2010-11-30 | 40,521 | 40,521 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| EAST HOME - SPRINKLER REPAIRS | 2011-06-29 | 17,486 | 17,486 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| IRRIG. IMPROVEMENTS - MCKELLIPS - SPRINKLER | 2012-03-01 | 73,308 | 68,818 | 150DB | 7.000000000000 | 4,490 | 4,490 | 4,490 | |
| IRRIG. IMPROVEMENTS - S. SCHIEL - SPRINKLER | 2012-02-16 | 93,620 | 87,886 | 150DB | 7.000000000000 | 5,734 | 5,734 | 5,734 | |
| IRRIG. IMPROVEMENTS - WEST WILLY - PIVOT SPRINKLER | 2012-04-26 | 62,436 | 58,612 | 150DB | 7.000000000000 | 3,824 | 3,824 | 3,824 | |
| IRRIG. REPAIRS - WEST DERRY - WHEELS | 2011-09-28 | 7,996 | 7,506 | 150DB | 7.000000000000 | 490 | 286 | 286 | |
| IRRIG. REPAIRS - CECIL PIVOT - SPRINKLER | 2012-04-12 | 2,436 | 2,287 | 150DB | 7.000000000000 | 149 | 149 | 149 | |
| GRAIN FACILITIES | 2004-12-31 | 187,500 | 187,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FARM IMPROVEMENTS | 2004-12-31 | 375,000 | 184,275 | SL | 27.500000000000 | 13,636 | 13,636 | 13,636 | |
| BUILDING IMPROVEMENTS - HOUSE FLOOD | 2011-12-14 | 16,161 | 6,417 | 150DB | 20.000000000000 | 731 | 808 | 808 | |
| FILES | 2003-12-10 | 539 | 539 | SL | 10.000000000000 | 0 | 0 | 0 | |
| PROJECTOR/LAPTOP | 2009-06-30 | 3,300 | 3,300 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LAND | 1974-03-01 | 3,886,715 | L | 0 | 0 | 0 | |||
| SPRINKLER - CECIL | 2012-11-05 | 60,000 | 48,569 | SL | 7.000000000000 | 8,571 | 8,571 | 8,571 | |
| SHOP DOOR | 2013-05-15 | 3,948 | 790 | SL | 25.000000000000 | 158 | 158 | 158 | |
| GRAIN BINS IMPROVEMENTS | 2013-09-10 | 10,801 | 2,610 | SL | 20.000000000000 | 540 | 540 | 540 | |
| GRAIN BINS IMPROVEMENTS | 2013-09-10 | 17,376 | 4,200 | SL | 20.000000000000 | 869 | 869 | 869 | |
| GRAIN BINS IMPROVEMENTS - 16 ROOF VENTS | 2013-11-13 | 2,704 | 630 | SL | 20.000000000000 | 135 | 135 | 135 | |
| SPRINKLER - CECIL | 2013-07-02 | 6,410 | 4,580 | SL | 7.000000000000 | 916 | 916 | 916 | |
| NEW SPRINLKER - WEST DERRY | 2013-10-30 | 5,000 | 3,332 | SL | 7.000000000000 | 714 | 714 | 714 | |
| NEW SPRINLKER - WEST DERRY | 2013-11-13 | 58,414 | 38,943 | SL | 7.000000000000 | 8,345 | 8,345 | 8,345 | |
| NEW SPRINLKER - WEST DERRY | 2014-05-29 | 13,796 | 8,048 | SL | 7.000000000000 | 1,971 | 1,971 | 1,971 | |
| NEW SPRINLKER - WEST DERRY | 2014-05-14 | 2,757 | 1,642 | SL | 7.000000000000 | 394 | 394 | 394 | |
| EXECUTIVE DESK SET & FILING CABINET | 2013-09-01 | 3,950 | 2,726 | SL | 7.000000000000 | 564 | 0 | 564 | |
| LEXMARK XC213 - EXPENSED | 2014-07-15 | 1 | 1 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FURNITURE AND FIXTURES | 2015-04-08 | 4,574 | 2,122 | SL | 7.000000000000 | 653 | 0 | 653 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WELL & MOTOR | 5,060 | 5,060 | 0 | |
| WATER SYSTEM | 9,200 | 9,200 | 0 | |
| IRRIGATION WELL & PUMP | 19,500 | 19,500 | 0 | |
| WELL PUMP & MILL | 2,625 | 2,625 | 0 | |
| WELL & PUMP | 31,500 | 31,500 | 0 | |
| BUILDING REPAIRS | 7,650 | 7,650 | 0 | |
| GRAIN BIN | 40,995 | 40,995 | 0 | |
| GRAIN BIN | 169,335 | 160,400 | 8,935 | |
| GRAIN FLOOR | 15,250 | 15,250 | 0 | |
| #1 HOME - IRRIG - PIVOT SYSTEM | 30,000 | 30,000 | 0 | |
| #13 E. DERRY - IRRIG - PIVOT SYSTEM | 30,096 | 30,096 | 0 | |
| NORTH HAMBERGER - PIVOT SN 18925 | 39,993 | 39,993 | 0 | |
| SOUTH HAMBERGER - PIVOT SN 18926 | 39,993 | 39,993 | 0 | |
| S. HOME - PIVOT SN 18927 - SPRINKLER | 36,757 | 36,757 | 0 | |
| MOTOR PER CO SPRINKLER - WELL MOTORS | 18,233 | 18,233 | 0 | |
| QUONSET ROOF - SHOP | 7,420 | 6,089 | 1,331 | |
| MAJOR REPAIRS - HOUSE AFTER TORNADO | 9,490 | 7,792 | 1,698 | |
| IRRIG - EQUIPMENT - WELL MOTORS | 8,931 | 8,931 | 0 | |
| W.DOOR #34 PUMP HOUSE - HOME WELL | 3,975 | 3,975 | 0 | |
| #1 WELL PUMP PANEL - HOME | 3,882 | 3,882 | 0 | |
| REPAIR PERKINS CO SPRINKLER - W. WILLIE | 19,016 | 19,016 | 0 | |
| SPRINKLER PANEL - 2 WALROD HAMB | 9,056 | 9,056 | 0 | |
| ELECTRIC REPAIRS SPRINKLER - WOLROD | 3,697 | 3,697 | 0 | |
| TL SPRINKLERS 2 USED - W. DERRY / WALROD | 44,100 | 44,100 | 0 | |
| IRRIGATION IMPROVEMENTS - E. WILLIE | 270,000 | 270,000 | 0 | |
| #5 SO. HOME - RELOCATE WELL | 51,454 | 51,454 | 0 | |
| E. HOME - SPRINKLER | 58,000 | 58,000 | 0 | |
| #5 SO. HOME - PIPE WELL | 40,521 | 40,521 | 0 | |
| EAST HOME - SPRINKLER REPAIRS | 17,486 | 17,486 | 0 | |
| IRRIG. IMPROVEMENTS - MCKELLIPS - SPRINKLER | 73,308 | 73,308 | 0 | |
| IRRIG. IMPROVEMENTS - S. SCHIEL - SPRINKLER | 93,620 | 93,620 | 0 | |
| IRRIG. IMPROVEMENTS - WEST WILLY - PIVOT SPRINKLER | 62,436 | 62,436 | 0 | |
| IRRIG. REPAIRS - WEST DERRY - WHEELS | 7,996 | 7,996 | 0 | |
| IRRIG. REPAIRS - CECIL PIVOT - SPRINKLER | 2,436 | 2,436 | 0 | |
| GRAIN FACILITIES | 187,500 | 187,500 | 0 | |
| FARM IMPROVEMENTS | 375,000 | 197,911 | 177,089 | |
| BUILDING IMPROVEMENTS - HOUSE FLOOD | 16,161 | 7,148 | 9,013 | |
| LAND | 3,886,715 | 0 | 3,886,715 | |
| SPRINKLER - CECIL | 60,000 | 57,140 | 2,860 | |
| SHOP DOOR | 3,948 | 948 | 3,000 | |
| GRAIN BINS IMPROVEMENTS | 10,801 | 3,150 | 7,651 | |
| GRAIN BINS IMPROVEMENTS | 17,376 | 5,069 | 12,307 | |
| GRAIN BINS IMPROVEMENTS - 16 ROOF VENTS | 2,704 | 765 | 1,939 | |
| SPRINKLER - CECIL | 6,410 | 5,496 | 914 | |
| NEW SPRINLKER - WEST DERRY | 5,000 | 4,046 | 954 | |
| NEW SPRINLKER - WEST DERRY | 58,414 | 47,288 | 11,126 | |
| NEW SPRINLKER - WEST DERRY | 13,796 | 10,019 | 3,777 | |
| NEW SPRINLKER - WEST DERRY | 2,757 | 2,036 | 721 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS - EDWARD JONES: AMERICAN PORTFOLIO | AT COST | 638,489 | 790,389 |
| INVESTMENTS - EDWARD JONES: ADVISORY PORTFOLIO | AT COST | 645,770 | 736,158 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FILES | 539 | 539 | 0 | |
| PROJECTOR/LAPTOP | 3,300 | 3,300 | 0 | |
| EXECUTIVE DESK SET & FILING CABINET | 3,950 | 3,290 | 660 | |
| LEXMARK XC213 - EXPENSED | 1 | 1 | 0 | |
| FURNITURE AND FIXTURES | 4,574 | 2,775 | 1,799 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 3,186 | 2,867 | 0 | 319 |
| Description | Amount |
|---|---|
| TIMING INVESTMENT ADJUSTMENT | 88,037 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 1,728 | 0 | 0 | 1,728 |
| FARMING EXPENSES | 27,289 | 27,289 | 0 | 0 |
| INSURANCE | 16,607 | 14,712 | 0 | 1,895 |
| MISCELLANEOUS | 625 | 63 | 0 | 563 |
| OFFICE EXPENSES | 608 | 61 | 0 | 547 |
| REPAIRS | 30,405 | 29,298 | 0 | 1,107 |
| STATE FILING FEES | 10 | 0 | 0 | 10 |
| TELEPHONE | 1,159 | 116 | 0 | 1,043 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CRP INCOME | 2,173 | 0 | 2,173 |
| OTHER | 26,038 | 0 | 26,038 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 13,716 | 4,861 | 0 | 8,855 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MINERAL INTEREST | 23 | 23 | 0 | 0 |
| REAL ESTATE | 113,454 | 113,454 | 0 | 0 |
| PAYROLL TAXES | 2,908 | 291 | 0 | 2,617 |
| FOREIGN TAX PAID | 636 | 636 | 0 | 0 |