| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2019-05-09 | 7,500 | 0 | NDA | 0 | 0 | 0 | ||
| STEEL TARGETS | 2019-05-09 | 3,500 | 700 | M | 5 | 1,120 | 0 | 0 | |
| IMPROVEMENTS | 2019-05-09 | 1,343 | 67 | M | 15 | 128 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 7,500 | 0 | 7,500 | 7,500 |
| IMPROVEMENT | 1,343 | 195 | 1,148 | 1,148 |
| STEEL TARGETS | 3,500 | 1,820 | 1,680 | 1,680 |
| Description | Amount |
|---|---|
| Book to FMV adjustments | 1,384 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIR | 8,199 | 0 | 0 | 0 |
| SUPPLIES | 586 | 0 | 0 | 0 |
| UTILITIES | 144 | 0 | 0 | 0 |
| OFFICE | 488 | 0 | 0 | 0 |
| INSURANCE | 2,642 | 0 | 0 | 0 |
| RENTAL | 573 | 0 | 0 | 0 |
| WEBSITE | 530 | 0 | 0 | 0 |
| POSTAGE | 257 | 0 | 0 | 0 |
| BANK FEES | 20 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COUNTY | 663 | 0 | 0 | 0 |