| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTINGLEGAL | 575 | 0 | 0 | 575 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FARM EQUIPMENT 1 | 2014-07-01 | 493 | 245 | M | 5 | 0 | 0 | 0 | |
| FARM EQUIPMENT 3 | 2014-06-15 | 16,000 | 8,000 | M | 5 | 0 | 0 | 0 | |
| FARM IMPROVEMENT 1 | 2014-04-15 | 2,371 | 1,185 | M | 5 | 0 | 0 | 0 | |
| FARM IMPROVEMENT 2 | 2014-05-15 | 3,184 | 1,591 | M | 5 | 0 | 0 | 0 | |
| FARM IMPROVEMENT 3 | 2014-06-15 | 479 | 239 | M | 5 | 0 | 0 | 0 | |
| FARM TREES 1 | 2014-02-15 | 402 | 142 | M | 10 | 13 | 0 | 0 | |
| FARM TREES 2 | 2014-03-15 | 150 | 54 | M | 10 | 5 | 0 | 0 | |
| FARM TREES 3 | 2014-04-15 | 206 | 73 | M | 10 | 7 | 0 | 0 | |
| FARM TREES 4 | 2014-05-15 | 20 | 7 | M | 10 | 1 | 0 | 0 | |
| FARM TREES 5 | 2014-06-15 | 297 | 105 | M | 10 | 10 | 0 | 0 | |
| FARM TREES 6 | 2014-10-15 | 256 | 90 | M | 10 | 8 | 0 | 0 | |
| FARM TREES 7 | 2014-11-15 | 879 | 309 | M | 10 | 29 | 0 | 0 | |
| FARM IMPROVEMENTS 4 | 2015-01-15 | 870 | 819 | M | 5 | 50 | 0 | 0 | |
| FARM EQUIPMENT 4 | 2015-01-15 | 572 | 539 | M | 5 | 33 | 0 | 0 | |
| FARM EQUIPMENT 5 | 2015-09-15 | 6,000 | 5,654 | M | 5 | 346 | 0 | 0 | |
| FARM TREES 8 | 2015-03-15 | 1,084 | 684 | M | 10 | 80 | 0 | 0 | |
| FARM TREES 9 | 2015-05-15 | 1,560 | 986 | M | 10 | 115 | 0 | 0 | |
| FARM TREES 10 | 2015-10-15 | 527 | 334 | M | 10 | 39 | 0 | 0 | |
| FARM TREES 2016 | 2016-07-01 | 2,827 | 1,525 | M | 10 | 261 | 0 | 0 | |
| FARM IMPROVEMENTS 2016 | 2016-07-01 | 7,096 | 2,182 | M | 15 | 492 | 0 | 0 | |
| JD Z997 MOWER | 2016-03-20 | 17,250 | 11,862 | M | 7 | 1,540 | 0 | 0 | |
| CASE 2010 DX45 TRACTOR | 2016-05-10 | 21,500 | 14,782 | M | 7 | 1,920 | 0 | 0 | |
| PINZGAUER FARM TRUCK | 2016-05-01 | 17,750 | 14,683 | M | 5 | 2,045 | 0 | 0 | |
| PERIMETER FENCE | 2017-07-01 | 3,783 | 2,129 | M | 7 | 472 | 0 | 0 | |
| TREES | 2017-07-01 | 2,673 | 1,133 | M | 10 | 308 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM EQUIPMENT AND TREES | 108,229 | 89,497 | 18,732 | 18,732 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 180 | 0 | 0 | 180 |
| LABOR | 3,800 | 0 | 0 | 3,800 |
| FERTILIZER | 0 | 0 | 0 | 0 |
| DIESEL FUEL | 2,800 | 0 | 0 | 2,800 |
| EQUIPMENT MAINTENANCE | 722 | 0 | 0 | 722 |
| EQUIPMENT RENTAL | 0 | 0 | 0 | 0 |
| FARM SUPPLIES | 1,495 | 0 | 0 | 1,495 |
| INSURANCE | 0 | 0 | 0 | 0 |
| POSTAGE & SHIPPING | 0 | 0 | 0 | 0 |
| LIVESTOCK FEED | 632 | 0 | 0 | 632 |
| OFFICE SUPPLIES | 0 | 0 | 0 | 0 |
| UTILITIES | 0 | 0 | 0 | 0 |
| VETERINARY EXPENSE | 2,555 | 0 | 0 | 2,555 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSE & REGISTRATION | 74 | 0 | 0 | 74 |
| PEST CONTROL | 0 | 0 | 0 | 0 |