| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GOAT SHED | 2019-01-01 | 11,425 | 281 | S/L | 39.0000 | 293 | |||
| BOYS QUARTERS | 2019-01-01 | 28,053 | 689 | S/L | 39.0000 | 720 | |||
| WAREHOUSE | 2019-01-01 | 1,500 | 37 | S/L | 39.0000 | 38 | |||
| BUILDINGS | 2019-01-01 | 9,761 | 240 | S/L | 39.0000 | 250 | |||
| FENCE | 2019-01-01 | 95,011 | 4,751 | 150DB | 15.0000 | 9,026 | |||
| WATER PUMP/WELL | 2019-01-01 | 5,100 | 125 | S/L | 39.0000 | 131 | |||
| LAND IMPROVEMENTS | 2019-01-01 | 22,622 | 1,131 | 150DB | 15.0000 | 2,149 | |||
| 6 FOOT PEIMETER FENCE | 2019-01-01 | 44,000 | 2,200 | 150DB | 15.0000 | 4,180 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 217,472 | 26,241 | 191,231 | 217,472 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BUSINESS LICENSES & PERMITS | 15 | 15 | ||
| TRAVEL EXPENSE | 8,893 | 8,893 | ||
| MISCELLANEOUS EXPENSE | 372 | 372 |