| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,396 | 1,396 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2012-12-31 | 5,000 | |||||||
| POLE BUILDING | 2013-08-01 | 20,000 | 2,244 | S/L | 39.0000 | 512 | 512 | ||
| KUBOTA TRACTOR | 2014-08-07 | 30,000 | 25,314 | 200DB | 7.0000 | 1,339 | 1,339 | ||
| LAWN TRACTOR | 2015-07-25 | 6,572 | 2,269 | S/L | 7.0000 | 939 | 939 | ||
| 7 - 1/2' BOX FRAME DISC | 2018-05-01 | 1,855 | S/L | 7.0000 | 177 | 177 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 58,427 | 32,794 | 25,633 | 25,633 | |
| 5,000 | 5,000 | 5,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 2,031 | 2,031 | ||
| SUPPLIES | 5,183 | 3,144 | 2,039 | |
| AWARDS & PRIZES | 2,048 | 2,048 | ||
| OTHER TRIAL EXPENSES | 1,405 | 1,405 | ||
| EQUIPMENT RENTAL & MAINTENANC | 817 | 817 | ||
| BANK CHARGES | 5 | 5 | ||
| MEMBERSHIP DUES | 102 | 102 | ||
| OFFICE EXPENSE | 160 | 160 | ||
| ADVERTISING | 642 | 642 | ||
| WELL OPERATING FEES | 42,496 | 42,496 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TRIALS | 6,111 | 6,111 | |
| GAS ROYALTIES | 153,470 | 153,470 |
| Description | Amount |
|---|---|
| DEPLETION | 23,020 |