| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GRAIN BIN, GRITZMACHER | 1971-01-01 | 1,673 | 1,673 | SL | 20.000000000000 | 0 | 0 | ||
| DRYER BIN, GRITZMACHER | 1972-01-01 | 1,410 | 1,410 | SL | 20.000000000000 | 0 | 0 | ||
| STEEL GRAIN BIN, PINKHAM | 1977-01-01 | 3,404 | 3,404 | SL | 20.000000000000 | 0 | 0 | ||
| GRAIN BIN, GRITZMACHER | 1978-01-01 | 3,665 | 3,665 | SL | 20.000000000000 | 0 | 0 | ||
| GRAIN BIN, PINKHAM | 1978-01-01 | 3,318 | 3,318 | SL | 20.000000000000 | 0 | 0 | ||
| BIN & DRYER | 1979-01-01 | 5,171 | 5,171 | SL | 20.000000000000 | 0 | 0 | ||
| STEEL GRAIN BIN, GRITZ. | 1980-01-01 | 3,881 | 3,881 | SL | 20.000000000000 | 0 | 0 | ||
| 2 GRAIN BINS, STORM | 1981-01-01 | 8,142 | 8,142 | SL | 20.000000000000 | 0 | 0 | ||
| STEEL BIN, GRITZMACHER | 1985-01-01 | 4,852 | 4,852 | SL | 20.000000000000 | 0 | 0 | ||
| UNDERGRND WIRING, GRITZ. | 1985-01-01 | 2,481 | 2,481 | SL | 20.000000000000 | 0 | 0 | ||
| MISCELLANEOUS | 1986-01-01 | 15,886 | 15,886 | SL | 20.000000000000 | 0 | 0 | ||
| 1/2 GRAIN DRYER(HAGERT) | 1996-05-01 | 3,020 | 3,020 | SL | 7.000000000000 | 0 | 0 | ||
| 6 FILES | 1989-12-15 | 3,363 | 3,363 | SL | 7.000000000000 | 0 | 0 | ||
| FILE CABINATE | 2001-02-18 | 279 | 279 | SL | 7.000000000000 | 0 | 0 | ||
| 5 GLM PROCESSES | 2020-05-01 | 13,500 | SL | 5.000000000000 | 1,800 | 0 | |||
| COMPUTER/MONITORS SETUP | 2020-10-29 | 8,293 | SL | 5.000000000000 | 415 | 0 | |||
| LAND | 1971-01-01 | 7,506 | L | 1.000000000000 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BOND FUNDS | 6,811,542 | 6,811,542 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| STOCK FUNDS | 7,311,680 | 7,311,680 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PATRONAGE CREDITS | AT COST | 8,102 | 8,102 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| GRAIN BIN, GRITZMACHER | 1,673 | 1,673 | 0 | |
| DRYER BIN, GRITZMACHER | 1,410 | 1,410 | 0 | |
| STEEL GRAIN BIN, PINKHAM | 3,404 | 3,404 | 0 | |
| GRAIN BIN, GRITZMACHER | 3,665 | 3,665 | 0 | |
| GRAIN BIN, PINKHAM | 3,318 | 3,318 | 0 | |
| BIN & DRYER | 5,171 | 5,171 | 0 | |
| STEEL GRAIN BIN, GRITZ. | 3,881 | 3,881 | 0 | |
| 2 GRAIN BINS, STORM | 8,142 | 8,142 | 0 | |
| STEEL BIN, GRITZMACHER | 4,852 | 4,852 | 0 | |
| UNDERGRND WIRING, GRITZ. | 2,481 | 2,481 | 0 | |
| MISCELLANEOUS | 15,886 | 15,886 | 0 | |
| 1/2 GRAIN DRYER(HAGERT) | 3,020 | 3,020 | 0 | |
| 6 FILES | 3,363 | 3,363 | 0 | |
| FILE CABINATE | 279 | 279 | 0 | |
| 5 GLM PROCESSES | 13,500 | 1,800 | 11,700 | |
| COMPUTER/MONITORS SETUP | 8,293 | 415 | 7,878 | |
| LAND | 7,506 | 0 | 7,506 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| EXCISE RECEIVABLE | 0 | 7,669 | 7,669 |
| Description | Amount |
|---|---|
| INVENTORY ADJUSTMENT | 15,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 2,719 | 2,719 | 2,039 | |
| BANK CHARGES | 61,784 | 61,784 | 0 | |
| PROFESSIONAL FEES | 12,464 | 12,464 | 0 | |
| MISCELLANEOUS | 720 | 720 | 0 | |
| INSURANCE | 924 | 924 | 0 | |
| CONTRACT LABOR | 7,500 | 7,500 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY | 10,000 | 10,000 | 10,000 |
| RECOVERY OF DONATION | 18,672 | 18,672 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS | 1,566,656 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EXCISE TAX PAYABLE | 248,839 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,148 | 1,148 | 769 | |
| EXCISE TAX | 5,331 | 0 | 0 | |
| REAL ESTATE TAXES | 705 | 705 | 0 |