| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRACTOR WRECKER | 2012-03-31 | 125,736 | 103,589 | SL | 7.0000 | 17,962 | |||
| FORD TRUCK F150 | 2012-04-01 | 17,115 | 14,059 | SL | 7.0000 | 2,445 | |||
| TRUCK WRECKER | 2015-12-31 | 172,368 | 38,911 | SL | 7.0000 | 24,624 | |||
| IMPROVEMENTS | 2018-05-01 | 2,230 | SL | 5.0000 | 297 | ||||
| FURNITURE AND FIXTURES | 2018-10-12 | 2,531 | SL | 5.0000 | 127 | ||||
| MACHINERY-PLANES | 2018-06-22 | 12,437 | SL | 7.0000 | 888 | ||||
| MACHINERY-ENGINE | 2018-11-30 | 7,200 | SL | 7.0000 | 86 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 430,365 | 396,431 | 33,934 | 132,591 |
| Machinery and Equipment | 323,003 | 226,279 | 96,724 | |
| Improvements | 2,230 | 297 | 1,933 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 2,531 | 127 | 2,404 | 2,404 |
| Machinery and Equipment | 19,637 | 974 | 18,663 | 18,663 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CREDIT CARD RECEIVABLE | 22,913 | 22,913 | |
| SECURITY DEPOSIT | 3,157 | 3,157 | 3,157 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING AND PROMOTIONAL | 12,903 | 12,903 | ||
| AIR SHOW AND DISPLAY PLANE | 59,939 | 30,929 | 29,010 | |
| BANK CHARGES | 22,199 | 22,199 | ||
| COMMUNICATIONSAND WEB INTERNET | 7,784 | 7,784 | ||
| CONFERENCES AND CONVENTIONS | 7,172 | 7,172 | ||
| DUES & SUBSCRIPTIONS | 5,781 | 5,781 | ||
| FACILITIES MAINTENANCE | 3,400 | 3,400 | ||
| FILING FEES | 125 | 125 | ||
| FUEL | 48,855 | 15,848 | 33,007 | |
| INSURANCE | 185,411 | 185,411 | ||
| LANDING FEE | 1,187 | 1,187 | ||
| MISCELLANEOUS | 8,675 | 8,675 | ||
| PAYROLL SERVICES | 2,151 | 2,151 | ||
| POSTAGE AND SHIPPING | 5,163 | 5,163 | ||
| PROMOTIONAL EXHIBIT MATERIALS | 1,867 | 1,867 | ||
| Rental Expenses | 3,923 | 3,923 | ||
| REPAIRS AND MAINTENANCE | 281,569 | 281,569 | ||
| SUPPLIES EXHIBIT MATERIALS | 18,068 | 18,068 | ||
| UTILITIES | 80,546 | 80,546 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| AIR SHOW INCOME | 82,135 | 82,135 | |
| MEMBERSHIP INCOME | 2,055 | 2,055 | |
| MISCELLANEOUS INCOME | 19,379 | 19,379 | |
| MUSEUM ADMISSION | 162,454 | 162,454 | |
| Rental Income - Noninvestment Property | 35,000 | ||
| SPECIAL EVENTS INCOME | 62,909 | 62,909 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO AFFILIATE | 21,821 | 49,093 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL CONSULTANTS | 68,635 | 0 | 0 | 68,635 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,794 | 5,794 | ||
| WORKERS COMPENSATION INSURANCE | 15,603 | 15,603 |