| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2007 CHEVY EXPRESS VAN | 2008-04-19 | 250 | 250 | SL | 7 | 0 | 0 | 0 | |
| 2003 HONDA CIVIC | 2008-04-19 | 1,000 | 1,000 | SL | 7 | 0 | 0 | 0 | |
| SEMI TRAILER 48 | 2008-04-21 | 3,500 | 3,500 | SL | 7 | 0 | 0 | 0 | |
| 2001 LINCOLN NAVIGATOR | 2015-04-28 | 1,750 | 0 | NDA | 0 | 0 | 0 | ||
| 2002 FORD ESCAPE | 2016-11-03 | 3,000 | 2,064 | M | 7 | 301 | 0 | 0 | |
| MOWER | 2008-04-19 | 1,200 | 1,200 | M | 7 | 0 | 0 | 0 | |
| EQUIPMENT | 2014-01-01 | 13,223 | 9,211 | M | 10 | 866 | 0 | 0 | |
| LAND | 2014-05-27 | 100,000 | 0 | NDA | 0 | 0 | 0 | ||
| RESTAURANT EQUIPMENT | 2014-05-27 | 30,000 | 25,981 | M | 7 | 2,679 | 0 | 0 | |
| LAWN TRACTOR | 2014-06-03 | 1,570 | 1,359 | M | 7 | 140 | 0 | 0 | |
| LAWN MOWER | 2014-06-19 | 357 | 310 | M | 7 | 32 | 0 | 0 | |
| GOLF CART | 2014-08-06 | 1,850 | 1,602 | M | 7 | 165 | 0 | 0 | |
| FRIDGE FOR CAMPER | 2016-04-22 | 284 | 194 | M | 7 | 25 | 0 | 0 | |
| WEED TRIMMER | 2016-06-30 | 270 | 184 | M | 7 | 24 | 0 | 0 | |
| MOWER | 2016-08-02 | 231 | 160 | M | 7 | 21 | 0 | 0 | |
| BUILDING | 2014-05-27 | 221,461 | 31,703 | SL | 39 | 5,678 | 0 | 0 | |
| 18 TRAILER | 2007-06-30 | 4,500 | 4,500 | M | 7 | 0 | 0 | 0 | |
| SM TRAILER | 2007-06-30 | 2,500 | 2,500 | M | 7 | 0 | 0 | 0 | |
| POS SYSTEM | 2018-12-31 | 4,766 | 2,477 | M | 5 | 908 | 0 | 0 | |
| PONTOON | 2019-08-06 | 10,000 | 1,429 | M | 7 | 2,449 | 0 | 0 | |
| CABIN | 2019-05-08 | 275,000 | 4,408 | SL | 39 | 7,051 | 0 | 0 | |
| COOLER | 2019-07-11 | 4,032 | 576 | M | 7 | 987 | 0 | 0 | |
| DECK | 2019-08-16 | 5,960 | 57 | SL | 39 | 153 | 0 | 0 | |
| ELECTRIC FOR FREEZERCOOLER | 2019-08-17 | 813 | 8 | SL | 39 | 21 | 0 | 0 | |
| ROOF | 2019-12-04 | 2,846 | 3 | SL | 39 | 73 | 0 | 0 | |
| TRACTOR | 2019-05-13 | 24,242 | 4,848 | M | 5 | 7,757 | 0 | 0 | |
| FREEZERCOOLER | 2019-07-05 | 2,000 | 286 | M | 7 | 490 | 0 | 0 | |
| GENERATOR | 2019-07-28 | 790 | 113 | M | 7 | 193 | 0 | 0 | |
| GENERATOR | 2019-08-05 | 600 | 86 | M | 7 | 147 | 0 | 0 | |
| AUGGERS | 2019-08-06 | 626 | 125 | M | 5 | 200 | 0 | 0 | |
| DISHWASHER | 2019-08-27 | 990 | 141 | M | 7 | 242 | 0 | 0 | |
| IPADS | 2019-12-31 | 718 | 144 | M | 5 | 230 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2020-09-22 | 13,164 | 0 | SL | 39 | 98 | 0 | 0 | |
| RANGE | 2020-06-04 | 4,672 | 0 | M | 5 | 934 | 0 | 0 | |
| FRYER MIXER DOUGH ROLLER | 2020-06-04 | 2,723 | 0 | M | 5 | 545 | 0 | 0 | |
| CONDENSER FOR FREEZER | 2020-06-04 | 2,721 | 0 | M | 5 | 544 | 0 | 0 | |
| PONTOON AND CAMPER | 2020-09-22 | 16,000 | 0 | M | 7 | 2,286 | 0 | 0 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 36,484 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 1,585 | 0 | 0 | 1,585 |
| POSTAGE AND SHIPPING | 199 | 0 | 0 | 199 |
| BANK FEES | 2,059 | 0 | 0 | 2,059 |
| QUICKBOOK FEES | 52 | 0 | 0 | 52 |
| ENTERTAINMENT | 1,558 | 0 | 0 | 1,558 |
| INSURANCE | 6,913 | 0 | 0 | 6,913 |
| LICENSES AND FEES | 2,377 | 0 | 0 | 2,377 |
| LURED IN SUPPLIES | 2,781 | 0 | 0 | 2,781 |
| EQUIPMENT RENTAL | 639 | 0 | 0 | 639 |
| SUPPLIES | 6,642 | 0 | 0 | 6,642 |
| TAXES | 2,189 | 0 | 0 | 2,189 |
| MEMBERSHIP DUES | 363 | 0 | 0 | 363 |
| TELEPHONE | 392 | 0 | 0 | 392 |
| REIMBURSEMENT | 623 | 0 | 0 | 623 |
| COMMUNITY | 100 | 0 | 0 | 100 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME NON-INVESTMENT | 50,770 | 0 | 0 |
| CLEARING ACCOUNT | 1,617 | 0 | 0 |
| EIDL GRANT | 1,000 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| UNSECURED NOTE PAYABLE | 51,047 | 49,447 |
| LOAN PAYABLE | 37,860 | 32,566 |
| NOTE PAYABLE TRACTOR CENTRAL | 17,059 | 13,072 |
| NOTE PAYABLE SECURITY BANK | 244,377 | 285,332 |
| SBA LOAN | 0 | 53,400 |
| PPP LOAN | 0 | 1,887 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 1,650 | 0 | 0 | 1,650 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| RESTAURANT SALES | 84,956 | 0 | 84,956 |
| COST OF GOODS SOLD | 0 | 39,774 | -39,774 |