| 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 | 2019-01-01 | 147,000 | S/L | 27.5000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2019-01 | PURCHASE | 2020-07 | 159,650 | 147,000 | 17,965 | -5,315 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN STOCKS | AT COST | 88,500 | 88,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING |
| Description | Amount |
|---|---|
| PENALTIES | 4,020 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 1118 30TH AVE BELLWOOD IL | ||||
| BUSINESS EXPENSES | 15 | 15 | ||
| LANDSCAPING | 340 | 340 | ||
| OFFICE SUPPLIES | 100 | 100 | ||
| UTILITIES | 2,161 | 2,161 | ||
| INSURANCE | -115 | -115 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN FROM PRESIDENT | 29,056 | 325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 1118 30TH AVE BELLWOOD IL | 4,490 | 4,490 |