| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE CONDO | 2014-10-28 | 200,000 | 15,384 | SL | 2.56 % | 5,128 | |||
| IMPROVEMENTS | 2014-10-28 | 20,848 | 1,605 | SL | 2.56 % | 535 | |||
| IMPROVEMENTS | 2015-01-01 | 3,261 | 248 | SL | 2.56 % | 84 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 200,000 | 20,512 | 179,488 | 201,125 |
| Improvements | 24,109 | 2,472 | 21,637 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BROKER FEES | 381 | 381 | ||
| INSURANCE | 3,428 | 1,714 | 1,714 | |
| Miscellaneous | 5,675 | 2,837 | 2,837 | |
| OFFICE EXPENSE/SUPPLIES | 22,813 | 22,813 | ||
| OUTSIDE SERVICES | 39,606 | 39,606 | ||
| REPAIRS AND MAINTANENCE | 600 | 600 | ||
| TAXES | 1,868 | 1,868 |