| 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 | 1992-01-01 | 200,000 | |||||||
| BUILDING | 1992-01-01 | 750,000 | 618,055 | S/L | 31.5000 | 23,810 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 750,000 | 641,865 | 108,135 | ||
| 200,000 | 200,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| LICENSES & FEES | 310 | 310 | ||
| OFFICE EXPENSE | 216 | 216 |