| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,000 | 800 | 800 | 1,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| RENTAL PROPERTY (CANADA) | 1998-01-01 | 43,305 | 30,735 | S/L | 27.5000 | 1,574 | 1,574 | 1,574 | |
| LAND (CANADA) | 1998-01-01 | 43,305 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ANNUITY | 843,608 | 845,580 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 43,305 | 32,309 | 10,996 | ||
| 43,305 | 43,305 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL PROPERTY | ||||
| BANK CHARGES | 68 | 68 | 68 | |
| INSURANCE | 1,699 | 1,699 | 1,699 | |
| PROPERTY TAX | 3,744 | 3,744 | 3,744 | |
| REPAIR | ||||
| UTILITY | 4,932 | 4,932 | 4,932 | |
| DONATION | 1,101 | 1,101 | 1,101 | |
| FEES & PERMITS | ||||
| EXPENSES | ||||
| BANK CHARGES | ||||
| MISSIONARY ACTIVITIES | ||||
| OFFICE EXPENSE | 559 | 559 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EXCISE TAX ETC PAYABLE | 566 | 566 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 1,365 | 1,365 | 1,365 |