| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ICE MAKER | 1984-07-16 | 650 | 650 | PRE | 5.000000000000 | 0 | |||
| VACUUM CLEANER | 1984-10-27 | 758 | 758 | PRE | 5.000000000000 | 0 | |||
| COMPRESSOR | 1985-07-08 | 952 | 952 | PRE | 5.000000000000 | 0 | |||
| HEATERS | 1985-04-06 | 190 | 190 | PRE | 5.000000000000 | 0 | |||
| APPLIANCE | 1985-04-20 | 1,837 | 1,837 | PRE | 5.000000000000 | 0 | |||
| LAWNMOWER | 1985-05-06 | 1,330 | 1,330 | PRE | 5.000000000000 | 0 | |||
| STOVE BOYS | 1986-08-29 | 100 | 100 | PRE | 5.000000000000 | 0 | |||
| TABLES | 1986-10-24 | 850 | 850 | PRE | 5.000000000000 | 0 | |||
| REFRIGERATOR/STOVE | 1986-10-04 | 1,299 | 1,299 | PRE | 5.000000000000 | 0 | |||
| FILING CABINET | 1987-02-24 | 73 | 73 | 200DB | 7.000000000000 | 0 | |||
| POOL TABLE | 1987-12-21 | 250 | 250 | 200DB | 7.000000000000 | 0 | |||
| CHAIRS | 1987-05-18 | 398 | 398 | 200DB | 7.000000000000 | 0 | |||
| MAYTAG WASHER | 1987-06-08 | 480 | 480 | 200DB | 7.000000000000 | 0 | |||
| COMPRESSOR | 1987-10-12 | 775 | 775 | 200DB | 7.000000000000 | 0 | |||
| 1984 CAPRIC S/W 2 | 1988-05-06 | 12,167 | 12,167 | 200DB | 7.000000000000 | 0 | |||
| FILING CABINET | 1988-09-06 | 200 | 200 | 200DB | 7.000000000000 | 0 | |||
| DISHWASHER | 1988-04-25 | 500 | 500 | 200DB | 7.000000000000 | 0 | |||
| BEDROOM FURNITURE | 1989-08-24 | 4,507 | 4,507 | 200DB | 7.000000000000 | 0 | |||
| SOFA AND CHAIR | 1990-03-10 | 850 | 850 | 200DB | 7.000000000000 | 0 | |||
| ICE MACHINE | 1992-01-27 | 925 | 925 | 200DB | 7.000000000000 | 0 | |||
| FREEZER | 1992-01-01 | 450 | 450 | 200DB | 7.000000000000 | 0 | |||
| FURNITURE | 1997-01-01 | 543 | 543 | 200DB | 7.000000000000 | 0 | |||
| FURNITURE | 1997-01-01 | 1,884 | 1,884 | 200DB | 7.000000000000 | 0 | |||
| LAWN TRACTOR | 1997-06-23 | 3,009 | 3,009 | 200DB | 7.000000000000 | 0 | |||
| WHIRLPOOL WASHER | 1998-01-23 | 440 | 440 | 200DB | 7.000000000000 | 0 | |||
| VARIOUS | 1984-10-01 | 8,095 | 600 | PRE | 18.000000000000 | 0 | |||
| IMPROVEMENTS | 1998-12-10 | 37,189 | 20,012 | SL | 39.000000000000 | 956 | |||
| LAND AND BUILDING | 1948-10-01 | 88,410 | 88,410 | OTHER | 1.000000000000 | 0 | |||
| IMPROVEMENTS | 1985-07-01 | 16,014 | 16,014 | PRE | 19.000000000000 | 0 | |||
| IMPROVEMENTS | 1986-07-01 | 4,974 | 4,974 | PRE | 19.000000000000 | 0 | |||
| IMPROVEMENTS | 1987-07-01 | 12,696 | 12,696 | 150DB | 15.000000000000 | 0 | |||
| PLUMBING | 1990-11-30 | 38,474 | 38,474 | 150DB | 15.000000000000 | 0 | |||
| FURNANCE | 1991-03-11 | 17,300 | 17,300 | 150DB | 15.000000000000 | 0 | |||
| IMPROVEMENTS | 1993-07-28 | 16,060 | 10,886 | SL | 39.000000000000 | 413 | |||
| IMPROVEMENTS | 1993-08-31 | 31,975 | 21,603 | SL | 39.000000000000 | 822 | |||
| IMPROVEMENTS | 1993-10-04 | 8,279 | 5,571 | SL | 39.000000000000 | 212 | |||
| IMPROVEMENTS | 1994-05-12 | 14,240 | 9,365 | SL | 39.000000000000 | 364 | |||
| IMPROVEMENTS | 1994-08-01 | 2,858 | 1,861 | SL | 39.000000000000 | 73 | |||
| ROOF | 1995-07-05 | 22,282 | 13,990 | SL | 39.000000000000 | 570 | |||
| IMPROVEMENTS | 1996-11-11 | 14,681 | 8,718 | SL | 39.000000000000 | 376 | |||
| IMPROVEMENTS | 1998-04-03 | 73,871 | 40,989 | SL | 39.000000000000 | 1,902 | |||
| PAVING | 1998-07-17 | 6,600 | 3,621 | SL | 39.000000000000 | 170 | |||
| CARPETING | 1998-11-03 | 575 | 312 | SL | 39.000000000000 | 15 | |||
| ROOF AND A/C | 1998-11-03 | 7,348 | 7,104 | 150DB | 15.000000000000 | 0 | |||
| IMPROVEMENTS | 2000-03-05 | 8,544 | 8,544 | 150DB | 15.000000000000 | 0 | |||
| WINDOWS | 2000-06-08 | 3,477 | 3,477 | 150DB | 15.000000000000 | 0 | |||
| WINDOWS | 2001-01-18 | 4,060 | 4,060 | 150DB | 15.000000000000 | 0 | |||
| BUILDING IMPROVEMENTS | 2001-03-09 | 6,934 | 6,934 | 150DB | 15.000000000000 | 0 | |||
| WINDOWS | 2001-09-15 | 15,500 | 15,500 | 150DB | 15.000000000000 | 0 | |||
| IMPROVEMENTS | 2001-09-15 | 13,778 | 13,778 | 150DB | 15.000000000000 | 0 | |||
| ELECTRICAL - BOYS DORM | 2001-09-15 | 47,213 | 21,400 | SL | 39.000000000000 | 1,247 | |||
| ASSETS HELD FOR INVESTMENT | 1960-10-01 | 3,000 | 3,000 | SL | 10.000000000000 | 0 | |||
| BUILDING IMPROVEMENTS | 2003-01-01 | 148,558 | 64,723 | SL | 39.000000000000 | 3,803 | |||
| IMPROVEMENTS | 1988-07-01 | 22,964 | 22,964 | 150DB | 15.000000000000 | 0 | |||
| ROOF | 2004-01-08 | 16,807 | 16,807 | 150DB | 15.000000000000 | 0 | |||
| IMPROVEMENTS | 2004-11-20 | 235 | 212 | 200DB | 7.000000000000 | 0 | |||
| DORM REPAIR | 2004-11-09 | 9,275 | 9,275 | SL | 15.000000000000 | 0 | |||
| GAS CLOTHES DRYER | 2005-02-25 | 2,897 | 2,897 | 200DB | 5.000000000000 | 0 | |||
| IMPROVEMENTS | 2005-11-14 | 713 | 592 | 200DB | 5.000000000000 | 0 | |||
| TABLES, SOFA AND CHAIR | 2007-01-08 | 1,763 | 1,763 | 200DB | 5.000000000000 | 0 | |||
| BROWN TILE | 2007-08-31 | 4,756 | 4,756 | 200DB | 10.000000000000 | 0 | |||
| PAINTING | 2007-12-31 | 9,900 | 9,900 | SL | 10.000000000000 | 0 | |||
| 2008 PURCHASES FROM ACE | 2008-02-01 | 1,028 | 1,011 | 200DB | 5.000000000000 | 0 | |||
| CAPITAL IMPROVEMENTS | 2011-07-01 | 48,626 | 27,556 | SL | 15.000000000000 | 3,242 | |||
| CAPITAL IMPROVEMENTS | 2012-07-01 | 23,075 | 6,844 | SL | 25.000000000000 | 927 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS & IMPROVEMENTS | 702,833 | 382,984 | 319,849 | |
| FURNITURE & EQUIPMENT | 59,199 | 59,199 | 0 | |
| LAND | 88,410 | 88,410 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DIRECTOR FEES | 1,350 | |||
| BANK CHARGES | 227 | |||
| BUSINESS LICENSE FEES | 185 | |||
| INSURANCE--LIABILITY | 4,874 | |||
| MAINTENANCE & REPAIRS | 28,369 | |||
| RENT | 0 | |||
| PEST CONTROL | 400 | |||
| POSTAGE,MAILING SERVICE | 167 | |||
| SUPPLIES | 420 | |||
| FORESTRY | 550 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| USDA INCOME | 18,754 | 18,754 | |
| TIMBER INCOME | 0 | 0 | |
| MISCELLANEOUS INCOME | 2,030 | 2,030 | 2,030 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,701 | |||
| PROPERTY TAXES | 7,424 | |||
| EXCISE TAXES | 832 |