| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Barn | 2003-09-30 | 14,970 | 3,402 | SL | 18.18 % | 341 | |||
| Roof | 2005-05-04 | 1,400 | 1,194 | 150DB | 40.00 % | 82 | |||
| New Holland Powerstar | 2013-03-19 | 9,500 | 7,382 | 200DB | 8.92 % | 847 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 26,421 | 25,150 | 1,271 | |
| Buildings | 14,970 | 13,438 | 1,532 | |
| Improvements | 31,978 | 31,854 | 124 | |
| Land | 70,331 | 70,331 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax Prep | 385 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 45 | |||
| Awards | 341 | |||
| Feed | 1,911 | |||
| Lawn Care | 553 | |||
| Office Expenses | 132 | |||
| Permits | 243 | |||
| Repairs | 525 | |||
| Supplies | 20 | |||
| Utilities | 960 |
| Description | Amount |
|---|---|
| Expenses Paid by Club Member | 1,020 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Judges | 742 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 43 |