| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,275 | 0 | 0 | 3,275 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2010-12-01 | 5,000 | 5,000 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PROJECTOR | 2012-08-19 | 599 | 599 | SL | 5.000000000000 | 0 | 0 | 0 | |
| IPAD | 2011-10-21 | 860 | 860 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SKI EQUIPMENT | 2015-02-24 | 1,285 | 900 | SL | 5.000000000000 | 257 | 0 | 257 | |
| SKI TRAIL GROOMER | 2017-01-25 | 13,944 | 1,743 | ADS | 12.000000000000 | 1,162 | 0 | 1,162 | |
| 2017 SNOW RABBIT SR3X | 2018-07-11 | 122,595 | 1,277 | ADS | 12.000000000000 | 10,216 | 0 | 10,216 | |
| YELLOWSTONE GINZU GROOMER | 2018-07-11 | 3,760 | 39 | ADS | 12.000000000000 | 313 | 0 | 313 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | 5,000 | 5,000 | 0 | |
| PROJECTOR | 599 | 599 | 0 | |
| IPAD | 860 | 860 | 0 | |
| SKI EQUIPMENT | 1,285 | 1,157 | 128 | |
| SKI TRAIL GROOMER | 13,944 | 2,905 | 11,039 | |
| 2017 SNOW RABBIT SR3X | 122,595 | 11,493 | 111,102 | |
| YELLOWSTONE GINZU GROOMER | 3,760 | 352 | 3,408 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,000 | 0 | 0 | 5,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FEDERAL TAXES RECEIVABLE | 0 | 5,300 | 5,300 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FUEL | 3,196 | 0 | 0 | 3,196 |
| SKI TRAIL CERTIFICATION | 8,446 | 0 | 0 | 8,446 |
| OFFICE SUPPLIES | 396 | 0 | 0 | 396 |
| SKI SIGNS AND STANDS | 363 | 0 | 0 | 363 |
| BANK FEES | 10 | 0 | 0 | 10 |
| REPAIRS AND MAINTANENCE | 12,317 | 0 | 0 | 12,317 |
| BIKE TRAIL EXPENSE | 16,656 | 0 | 0 | 16,656 |
| BIKE MAPPING | 1,933 | 0 | 0 | 1,933 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,671 | 0 | 0 | 5,671 |