| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WEBSITE | 2006-12-31 | 22,000 | 22,000 | 200DB | 5.0000 | ||||
| WEBSITE | 2007-12-31 | 8,000 | 8,000 | 200DB | 5.0000 | ||||
| LAND | 2012-12-31 | 13,000 | |||||||
| LAND | 2013-12-31 | 4,000 | |||||||
| LAND | 2014-12-31 | 167,790 | |||||||
| VEHICLE | 2014-03-14 | 4,750 | 3,325 | S/L | 5.0000 | 950 | |||
| WATER TANK, IMPROVEMENTS | 2014-07-09 | 10,321 | 2,408 | S/L | 15.0000 | 688 | |||
| LAND | 2015-12-31 | 152,917 | |||||||
| EQUIPMENT | 2015-10-01 | 17,500 | 8,750 | S/L | 5.0000 | 3,500 | |||
| LAND | 2017-12-31 | 70,167 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| ABERDEEN ULTSHRT MUNI INC A | 2018-05 | PURCHASE | 2018-11 | 7,800 | 7,806 | -6 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| JNANA THERAPEUTICS | AT COST | 124,000 | 124,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 22,000 | 22,000 | ||
| EQUIPMENT | 8,000 | 8,000 | ||
| VEHICLE | 4,750 | 4,275 | 475 | 475 |
| WATER TANK | 10,321 | 3,096 | 7,225 | 7,225 |
| EQUIPMENT | 17,500 | 12,250 | 5,250 | 5,250 |
| LAND | 496,291 | 496,291 | 496,291 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 10,499 | 10,499 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE FEDERAL EXCISE TAX | 14,895 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MAINTENANCE | 17,028 | 17,028 | ||
| PROPERTY MANAGEMENT | 19,918 | 19,918 | ||
| BANK FEES | 15 | 15 | ||
| MATERIALS | 3,365 | 3,365 | ||
| ANNUAL REPORT FEES | 35 | 35 | ||
| CONCESSION FILING | 984 | 984 | ||
| INSURANCE | 7,665 | 7,665 | ||
| UTILITIES | 14,351 | 14,351 | ||
| PENALTIES | 1,290 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAX | 5,811 | 5,811 |