| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 4,995 | 0 | 0 | 4,995 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FERNHILL FLAXON 7 YEAR-OLD IRISH SPORT HORSE | 2012-12-07 | 60,723 | 60,723 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CATCHER BELICOSO 7 YEAR-OLD IRISH SPORT HORSE | 2013-03-26 | 137,070 | 132,172 | SL | 7.000000000000 | 4,895 | 0 | 4,895 | |
| 2016 DODGE 3500 | 2015-03-20 | 64,435 | 58,590 | 200DB | 5.000000000000 | 585 | 0 | 3,222 | |
| HORSE TRAILER | 2015-03-18 | 92,214 | 83,848 | 200DB | 5.000000000000 | 837 | 0 | 4,611 | |
| EQUIPMENT | 2015-06-15 | 10,673 | 9,612 | 200DB | 5.000000000000 | 177 | 0 | 889 | |
| OPHELIA - HORSE PURCHASE | 2015-02-24 | 12,000 | 8,285 | SL | 7.000000000000 | 1,714 | 0 | 1,714 | |
| EQUIPMENT | 2016-06-15 | 3,328 | 2,777 | 200DB | 5.000000000000 | 220 | 0 | 551 | |
| EQUIPMENT | 2017-06-15 | 2,640 | 1,912 | 200DB | 5.000000000000 | 291 | 0 | 528 | |
| SARA SCHACHTER - HORSE PURCHASE | 2017-03-11 | 20,000 | 8,095 | SL | 7.000000000000 | 2,857 | 0 | 2,857 | |
| ARENA IMPROVEMENTS | 2020-07-01 | 251,860 | 150DB | 15.000000000000 | 12,593 | 0 | 8,395 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FERNHILL FLAXON 7 YEAR-OLD IRISH SPORT HORSE | 60,723 | 60,723 | 0 | |
| CATCHER BELICOSO 7 YEAR-OLD IRISH SPORT HORSE | 137,070 | 137,067 | 3 | |
| 2016 DODGE 3500 | 64,435 | 59,175 | 5,260 | |
| HORSE TRAILER | 92,214 | 84,685 | 7,529 | |
| EQUIPMENT | 10,673 | 9,789 | 884 | |
| OPHELIA - HORSE PURCHASE | 12,000 | 9,999 | 2,001 | |
| EQUIPMENT | 3,328 | 2,997 | 331 | |
| EQUIPMENT | 2,640 | 2,203 | 437 | |
| SARA SCHACHTER - HORSE PURCHASE | 20,000 | 10,952 | 9,048 | |
| ARENA IMPROVEMENTS | 251,860 | 12,593 | 239,267 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEE | 150 | 150 | 0 | 0 |
| INSURANCE | 8,715 | 0 | 0 | 8,715 |
| ADVERTISING | 384 | 0 | 0 | 384 |
| REGISTRATION FEES | 110 | 0 | 0 | 110 |
| EQUIPMENT | 780 | 0 | 0 | 780 |
| VEHICLE REGISTRATION | 899 | 0 | 0 | 899 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REFUNDS | 169 | 169 |
| Name | Address |
|---|---|
| JAMES MCKEON |
1613 BROAD RUN RD LANDENBERG,PA19350 |
| JAY SHILAND |
250 WEST 94TH STREET NEW YORK,NY10025 |