| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,685 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4X4 GATOR | 2006-10-04 | 9,815 | 9,117 | S/L | 7.0000 | ||||
| AIR COMPRESSOR | 2005-01-02 | 250 | 250 | S/L | 7.0000 | ||||
| BLANKETS | 2005-01-02 | 1,000 | 1,000 | S/L | 7.0000 | ||||
| COMPUTER & EQUIP | 2005-01-02 | 1,800 | 1,800 | S/L | 5.0000 | ||||
| DRAFT HALTERS & LEAD | 2005-01-02 | 400 | 400 | S/L | 7.0000 | ||||
| DUMP TRAILER | 2005-01-02 | 4,500 | 4,500 | S/L | 7.0000 | ||||
| FLAGS & COSTUMES | 2005-01-02 | 1,200 | 1,200 | S/L | 7.0000 | ||||
| FLAT BED TRLR-18 FT | 2005-01-02 | 2,000 | 2,000 | S/L | 7.0000 | ||||
| FORD DOOLIE PU-2000 | 2005-01-02 | 28,135 | 28,135 | S/L | 5.0000 | ||||
| FORD LONGBED PU-1996 | 2005-01-02 | 15,025 | 15,025 | S/L | 5.0000 | ||||
| FOUR WHEELERS-2 | 2005-01-02 | 7,000 | 7,000 | S/L | 7.0000 | ||||
| FREIGHTLINER-2000 | 2005-01-02 | 48,900 | 48,900 | S/L | 5.0000 | ||||
| GRAIN CONTAINER | 2005-01-02 | 1,500 | 1,500 | S/L | 7.0000 | ||||
| HART HORSE TRLR-2000 | 2005-01-02 | 31,850 | 31,850 | S/L | 7.0000 | ||||
| HAY ELEVATOR | 2005-01-02 | 350 | 350 | S/L | 7.0000 | ||||
| HONDA GENERATOR | 2005-01-02 | 600 | 600 | S/L | 7.0000 | ||||
| HORSE HOT WALKER | 2005-01-02 | 1,500 | 1,500 | S/L | 7.0000 | ||||
| MATTRESSES | 2005-01-02 | 300 | 300 | S/L | 7.0000 | ||||
| METAL TRAINING PEN | 2005-01-02 | 1,800 | 1,800 | S/L | 7.0000 | ||||
| PACE WAGON TRLR-2000 | 2005-01-02 | 9,800 | 9,800 | S/L | 7.0000 | ||||
| POWER WASHER | 2005-01-02 | 700 | 700 | S/L | 7.0000 | ||||
| SHIPPING BOOTS | 2005-01-02 | 360 | 360 | S/L | 7.0000 | ||||
| SHIRE STOCK TRLR-93 | 2005-01-02 | 10,000 | 10,000 | S/L | 7.0000 | ||||
| SHIRE-ARBITRATOR | 2005-01-02 | 10,000 | 9,500 | S/L | 10.0000 | ||||
| SHIRE-INDY | 2005-01-02 | 9,000 | 8,550 | S/L | 10.0000 | ||||
| SHIRE-KAISER | 2006-05-15 | 7,500 | 7,125 | S/L | 10.0000 | ||||
| SHIRE-MARMADUKE | 2005-01-02 | 10,000 | 9,500 | S/L | 10.0000 | ||||
| SHIRE-ROB ROY | 2005-01-02 | 9,500 | 9,025 | S/L | 10.0000 | ||||
| SHIRE-SNAPPY TOM | 2005-01-02 | 8,000 | 7,600 | S/L | 10.0000 | ||||
| SHIRE-STANLEY | 2006-02-14 | 8,000 | 7,600 | S/L | 10.0000 | ||||
| SHIRE-THUNDER | 2006-05-20 | 8,000 | 7,600 | S/L | 10.0000 | ||||
| SHOE FORGE & SUPP | 2005-01-02 | 1,500 | 1,500 | S/L | 7.0000 | ||||
| SHOW HARNESSES | 2005-01-02 | 24,000 | 24,000 | S/L | 7.0000 | ||||
| TOOLS & CABINET | 2005-01-02 | 1,500 | 1,500 | S/L | 7.0000 | ||||
| TRACTOR ATTACHMENTS | 2005-01-02 | 2,200 | 2,200 | S/L | 7.0000 | ||||
| WAGON COVER | 2005-01-02 | 500 | 500 | S/L | 7.0000 | ||||
| WELDER & GENERATOR | 2005-01-02 | 3,000 | 3,000 | S/L | 7.0000 | ||||
| WORK HARNESSES | 2005-01-02 | 7,200 | 7,200 | S/L | 7.0000 | ||||
| YANMAR TRACTOR | 2005-01-02 | 3,500 | 3,500 | S/L | 7.0000 | ||||
| SHIRE-ANDY | 2008-03-04 | 6,000 | 3,930 | S/L | 10.0000 | 300 | |||
| TRAILER-STEVE HONE | 2008-03-04 | 4,000 | 3,144 | S/L | 7.0000 | ||||
| 1997 SUZUKI MINI-TRUCK | 2009-05-27 | 5,500 | 4,400 | S/L | 5.0000 | ||||
| HITCH WAGON & HARNESSES | 2010-08-26 | 14,000 | 9,389 | S/L | 7.0000 | ||||
| SHIRE HORSES-2 GELDINGS | 2010-01-10 | 12,000 | 6,095 | S/L | 10.0000 | 600 | |||
| 4 STAR HORSE TRAILER | 2010-08-26 | 17,000 | 11,400 | S/L | 7.0000 | ||||
| CATERPILLAR BACKHOE | 2010-05-15 | 45,000 | 30,178 | S/L | 7.0000 | ||||
| OAK DISPLAY CABINETS | 2011-01-21 | 5,000 | 2,880 | S/L | 7.0000 | 303 | |||
| HORSE HARNESSES-LONG ACRE | 2011-01-21 | 40,000 | 23,036 | S/L | 7.0000 | 2,423 | |||
| IRRIGATION PIVOT | 2012-06-20 | 3,631 | 1,811 | S/L | 7.0000 | 260 | |||
| SHIRE-HENRY | 2013-12-01 | 4,500 | 1,548 | S/L | 10.0000 | 295 | |||
| SHIRE-BRAVE | 2013-12-08 | 5,750 | 1,977 | S/L | 10.0000 | 378 | |||
| RED MASSEY TRACTOR | 2010-05-15 | 29,500 | 24,723 | S/L | 7.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT & HORSES | 484,066 | 448,228 | 35,838 | 450,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK CHARGES | 30 | 30 | ||
| CONTRACT LABOR | 55,560 | 55,560 | ||
| DUES & SUBSCRIPTIONS | 157 | 157 | ||
| FARM LABOR | 7,020 | 7,020 | ||
| FARRIER | 4,021 | 4,021 | ||
| FUEL | 6,764 | 6,764 | ||
| HAY & FEED | 5,785 | 5,785 | ||
| INSURANCE | 3,764 | 3,764 | ||
| MAINTENANCE | 8,209 | 8,209 | ||
| MEALS | 432 | 432 | ||
| PERMITS | 691 | 691 | ||
| REPAIRS | 350 | 350 | ||
| PROMOTIONS | 30 | 30 | ||
| SUPPLIES | 3,043 | 3,043 | ||
| UNIFORMS | 761 | 761 | ||
| VEHICLE EXPENSE | 396 | 396 | ||
| VETERINARIAN | 2,056 | 2,056 |