| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SHERIDAN CO NE LAND | 2013-05-23 | 449,735 | |||||||
| SHERIDAN CO NE LAND | 2013-05-23 | 299,824 | |||||||
| SHERIDAN CO NE LAND | 2013-05-23 | 136,794 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ASVAC IMPLANTS | 35,765 | 35,765 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 2,045,563 | 2,045,563 | 2,044,743 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHERS ASSETS | 6 | 6 | 6 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARMLAND CASH RENT | ||||
| MACHINE HIRE | 12,377 | 12,377 | ||
| EXPENSES | ||||
| LOSS ON ASVAC K-1 | 11,344 | 11,344 | ||
| INVESTMENT FUND FEES | 1,674 | 1,674 | ||
| COURT & RECORDING FEES | 28 | 28 | ||
| FEES | 8,730 | 8,730 | ||
| MISCELLANEOUS | 134 | 134 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL REFUND | 84 | ||
| OTHER | 498 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTES PAYABLE | 199,640 | 191,114 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
HUIBERT DE LEEUW NOTE REC |
200,179 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARMLAND CASH RENT | 12,223 | 12,223 |