| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTINGLEGAL | 575 | 0 | 0 | 575 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FARM EQUIPMENT 1 | 2014-07-01 | 493 | 203 | M | 5 | 28 | 0 | 0 | |
| FARM EQUIPMENT 3 | 2014-06-15 | 16,000 | 6,618 | M | 5 | 922 | 0 | 0 | |
| FARM IMPROVEMENT 1 | 2014-04-15 | 2,371 | 981 | M | 5 | 137 | 0 | 0 | |
| FARM IMPROVEMENT 2 | 2014-05-15 | 3,184 | 1,316 | M | 5 | 183 | 0 | 0 | |
| FARM IMPROVEMENT 3 | 2014-06-15 | 479 | 198 | M | 5 | 28 | 0 | 0 | |
| FARM TREES 1 | 2014-02-15 | 402 | 108 | M | 10 | 19 | 0 | 0 | |
| FARM TREES 2 | 2014-03-15 | 150 | 41 | M | 10 | 7 | 0 | 0 | |
| FARM TREES 3 | 2014-04-15 | 206 | 56 | M | 10 | 9 | 0 | 0 | |
| FARM TREES 4 | 2014-05-15 | 20 | 5 | M | 10 | 1 | 0 | 0 | |
| FARM TREES 5 | 2014-06-15 | 297 | 80 | M | 10 | 14 | 0 | 0 | |
| FARM TREES 6 | 2014-10-15 | 256 | 69 | M | 10 | 12 | 0 | 0 | |
| FARM TREES 7 | 2014-11-15 | 879 | 237 | M | 10 | 40 | 0 | 0 | |
| FARM IMPROVEMENTS 4 | 2015-01-15 | 870 | 619 | M | 5 | 100 | 0 | 0 | |
| FARM EQUIPMENT 4 | 2015-01-15 | 572 | 407 | M | 5 | 66 | 0 | 0 | |
| FARM EQUIPMENT 5 | 2015-09-15 | 6,000 | 4,272 | M | 5 | 691 | 0 | 0 | |
| FARM TREES 8 | 2015-03-15 | 1,084 | 459 | M | 10 | 125 | 0 | 0 | |
| FARM TREES 9 | 2015-05-15 | 1,560 | 662 | M | 10 | 180 | 0 | 0 | |
| FARM TREES 10 | 2015-10-15 | 527 | 224 | M | 10 | 61 | 0 | 0 | |
| FARM TREES 2016 | 2016-07-01 | 2,827 | 792 | M | 10 | 407 | 0 | 0 | |
| FARM IMPROVEMENTS 2016 | 2016-07-01 | 7,096 | 1,029 | M | 15 | 607 | 0 | 0 | |
| JD Z997 MOWER | 2016-03-20 | 17,250 | 6,690 | M | 7 | 3,017 | 0 | 0 | |
| CASE 2010 DX45 TRACTOR | 2016-05-10 | 21,500 | 8,337 | M | 7 | 3,760 | 0 | 0 | |
| PINZGAUER FARM TRUCK | 2016-05-01 | 17,750 | 9,230 | M | 5 | 3,408 | 0 | 0 | |
| PERIMETER FENCE | 2017-07-01 | 3,783 | 541 | M | 7 | 926 | 0 | 0 | |
| TREES | 2017-07-01 | 2,673 | 267 | M | 10 | 481 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM EQUIPMENT AND TREES | 108,229 | 71,041 | 37,188 | 37,188 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT LABOR | 978 | 0 | 0 | 978 |
| STAFF MEALS | 126 | 0 | 0 | 126 |
| TRAVEL | 225 | 0 | 0 | 225 |
| DIESEL FUEL | 829 | 0 | 0 | 829 |
| EQUIPMENT MAINTENANCE | 966 | 0 | 0 | 966 |
| EQUIPMENT RENTAL | 1,613 | 0 | 0 | 1,613 |
| FARM SUPPLIES | 3,447 | 0 | 0 | 3,447 |
| INSURANCE | 1,867 | 0 | 0 | 1,867 |
| POSTAGE & SHIPPING | 69 | 0 | 0 | 69 |
| LIVESTOCK FEED | 1,824 | 0 | 0 | 1,824 |
| OFFICE SUPPLIES | 133 | 0 | 0 | 133 |
| UTILITIES | 2,485 | 0 | 0 | 2,485 |
| VET EXPENSE | 4,101 | 0 | 0 | 4,101 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSE & REGISTRATION | 10 | 0 | 0 | 10 |
| PEST CONTROL | 89 | 0 | 0 | 89 |