| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Building Sumter SC | 2018-11-20 | 1,358,157 | SL | 1.61 % | 21,798 | 21,798 | 21,798 | ||
| Buidlign Conway SC | 2018-12-21 | 1,392,093 | SL | 1.39 % | 19,364 | 19,364 | 19,364 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 2,750,250 | 41,162 | 2,709,088 | 2,750,250 |
| Land | 144,750 | 144,750 | 144,750 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 1,176 | 1,176 | 1,176 | 1,176 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Excise Tax | 524 | 524 | 524 | 524 |