| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 1,250 | 625 | 625 | 625 |
| 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 | 2018-01-01 | 361,322 | 18,519 | SL | 39.000000000000 | 9,255 | 0 | 9,255 | |
| FURNITURE | 2018-01-01 | 8,072 | 2,306 | SL | 7.000000000000 | 1,153 | 0 | 1,153 | |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 2019-08-30 | 17,539 | 1,169 | SL | 5.000000000000 | 3,508 | 0 | 3,508 | |
| FURNACE | 2019-06-08 | 8,280 | 322 | SL | 15.000000000000 | 552 | 0 | 552 | |
| BUILDING IMPROVEMENTS | 2019-12-03 | 9,624 | 53 | SL | 15.000000000000 | 642 | 0 | 642 | |
| FENCE | 2020-06-01 | 13,015 | SL | 15.000000000000 | 506 | 0 | 506 | ||
| MOWING DECK | 2020-08-01 | 1,928 | SL | 5.000000000000 | 161 | 0 | 161 | ||
| BBI 6 TON FERTILIZER SPREADER | 2018-02-23 | 9,500 | 3,483 | SL | 5.000000000000 | 1,900 | 0 | 1,900 | |
| BUILDING IMPROVEMENTS | 2018-10-21 | 49,035 | 1,467 | SL | 39.000000000000 | 1,257 | 0 | 1,257 | |
| KUBOTA TRACTOR | 2020-12-21 | 52,244 | SL | 5.000000000000 | 0 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTAL FUNDS | AT COST | 238,155 | 263,712 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 361,322 | 27,774 | 333,548 | 362,000 |
| FURNITURE | 8,072 | 3,459 | 4,613 | 6,500 |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 17,539 | 4,677 | 12,862 | 14,000 |
| FURNACE | 8,280 | 874 | 7,406 | 7,500 |
| BUILDING IMPROVEMENTS | 9,624 | 695 | 8,929 | 9,000 |
| FENCE | 13,015 | 506 | 12,509 | 13,000 |
| MOWING DECK | 1,928 | 161 | 1,767 | 1,900 |
| BBI 6 TON FERTILIZER SPREADER | 9,500 | 5,383 | 4,117 | 7,500 |
| BUILDING IMPROVEMENTS | 49,035 | 2,724 | 46,311 | 49,000 |
| KUBOTA TRACTOR | 52,244 | 0 | 52,244 | 52,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL LIABILITY INSURANCE | 2,071 | 0 | 2,071 | 2,071 |
| INVESTMENT FEES | 33 | 33 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 4,692 | 0 | 4,692 | 4,692 |