| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PROPERTY | 2002-06-30 | 2,816,321 | L | 99.000000000000 | 0 | 0 | 0 | ||
| COMMERCIAL BUILDING | 2003-06-30 | 140,380 | 64,786 | SL | 39.000000000000 | 3,599 | 0 | 3,599 | |
| ATHLETIC FIELD & BUILDING | 2003-06-30 | 353,300 | 158,015 | SL | 39.000000000000 | 9,059 | 0 | 9,059 | |
| DORMATORY | 2003-06-30 | 340,000 | 156,924 | SL | 39.000000000000 | 8,718 | 0 | 8,718 | |
| VAN | 2005-06-30 | 15,250 | 15,250 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BOYS HOME | 2006-06-30 | 50,000 | 19,230 | SL | 39.000000000000 | 1,282 | 0 | 1,282 | |
| LAND GRADING | 2006-06-30 | 112,539 | L | 39.000000000000 | 0 | 0 | 0 | ||
| LAND GRADING | 2020-06-19 | 14,000 | L | 39.000000000000 | 0 | 0 | 0 | ||
| LAND GRADING | 2021-07-01 | 50,000 | L | 0 | 0 | 0 | |||
| FENCING | 2021-09-02 | 22,162 | SL | 15.000000000000 | 492 | 0 | 492 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LPL FINANCIAL INVESTMENT | AT COST | 2,900,000 | 2,911,381 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY | 2,816,321 | 0 | 2,816,321 | |
| COMMERCIAL BUILDING | 140,380 | 68,385 | 71,995 | |
| ATHLETIC FIELD & BUILDING | 353,300 | 167,074 | 186,226 | |
| DORMATORY | 340,000 | 165,642 | 174,358 | |
| VAN | 15,250 | 15,250 | 0 | |
| BOYS HOME | 50,000 | 20,512 | 29,488 | |
| LAND GRADING | 112,539 | 0 | 112,539 | |
| LAND GRADING | 14,000 | 0 | 14,000 | |
| LAND GRADING | 50,000 | 0 | 50,000 | |
| FENCING | 22,162 | 492 | 21,670 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM DEE ANN WHITENTON | 3,218 | 3,218 | 3,218 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS FOR FACILITIES | 8,496 | 0 | 0 | 0 |
| Description | Amount |
|---|---|
| LAND GRADING PAID BY BRYAN PERSONALLY | 50,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 25 | 0 | 0 | 0 |