| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,570 | 0 | 0 | 4,570 |
| 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 BUILDING-SNG PURPOSE | 2006-07-31 | 67,619 | 67,619 | 200DB | 10.000000000000 | 0 | 0 | 0 | |
| VAN | 2012-04-26 | 7,000 | 7,000 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| ENCLOSURE FOR EQUIPMENT | 2005-02-14 | 30,000 | 30,000 | 200DB | 10.000000000000 | 0 | 0 | 0 | |
| TABLES | 2008-05-01 | 808 | 808 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| FURNACE FOR 4835 | 2014-12-23 | 6,710 | 6,309 | 200DB | 7.000000000000 | 401 | 0 | 0 | |
| HORSE TRAILER | 2006-12-31 | 6,371 | 6,371 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| WASHER/DRYER-LP | 2009-11-21 | 1,089 | 1,089 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| WASHER/DRYER-NR | 2010-12-16 | 2,048 | 2,048 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| WASHER/DRYE | 2010-12-16 | 750 | 750 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| TRACTOR FOR RANCH HARROW | 2014-12-12 | 581 | 546 | 200DB | 7.000000000000 | 35 | 0 | 0 | |
| TRACTOR FOR RANCH | 2015-04-24 | 5,000 | 4,331 | 200DB | 7.000000000000 | 446 | 0 | 0 | |
| AGRICULTURAL FENCING | 2006-09-29 | 18,064 | 18,064 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| AGRICULTURAL FENCING | 2008-06-30 | 18,494 | 18,494 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| AGRICULTURAL FENCING | 2008-10-16 | 3,991 | 3,991 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| TRACTOR | 2007-01-08 | 19,736 | 19,736 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| TRACTOR | 2016-01-01 | 13,147 | 11,587 | 200DB | 7.000000000000 | 624 | 0 | 0 | |
| WATER PUMP FOR RANCH | 2014-02-08 | 5,319 | 5,144 | 200DB | 7.000000000000 | 175 | 0 | 0 | |
| WASHER/DRYER | 2020-07-22 | 2,216 | 443 | 200DB | 5.000000000000 | 709 | 0 | 0 | |
| CHEVROLET SILVERADO | 2021-07-01 | 17,142 | 200DB | 5.000000000000 | 3,428 | 0 | 0 | ||
| 2003 POLARIS QUAD | 2021-11-01 | 2,000 | 200DB | 5.000000000000 | 400 | 0 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| CHEVY VAN | 2016-01 | PURCHASED | 2021-07 | 26,500 | COST | 0 | 26,500 | |||
| CHEVY TRUCK | 2016-01 | PURCHASED | 2021-12 | 5,000 | COST | 0 | 5,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM BUILDING-SNG PURPOSE | 67,619 | 67,619 | 0 | 0 |
| VAN | 7,000 | 7,000 | 0 | 0 |
| ENCLOSURE FOR EQUIPMENT | 30,000 | 30,000 | 0 | 0 |
| TABLES | 808 | 808 | 0 | 0 |
| FURNACE FOR 4835 | 6,710 | 6,710 | 0 | 0 |
| HORSE TRAILER | 6,371 | 6,371 | 0 | 0 |
| WASHER/DRYER-LP | 1,089 | 1,089 | 0 | 0 |
| WASHER/DRYER-NR | 2,048 | 2,048 | 0 | 0 |
| WASHER/DRYE | 750 | 750 | 0 | 0 |
| TRACTOR FOR RANCH HARROW | 581 | 581 | 0 | 0 |
| TRACTOR FOR RANCH | 5,000 | 4,777 | 223 | 223 |
| AGRICULTURAL FENCING | 18,064 | 18,064 | 0 | 0 |
| AGRICULTURAL FENCING | 18,494 | 18,494 | 0 | 0 |
| AGRICULTURAL FENCING | 3,991 | 3,991 | 0 | 0 |
| TRACTOR | 19,736 | 19,736 | 0 | 0 |
| TRACTOR | 13,147 | 12,211 | 936 | 936 |
| WATER PUMP FOR RANCH | 5,319 | 5,319 | 0 | 0 |
| WASHER/DRYER | 2,216 | 1,152 | 1,064 | 1,064 |
| CHEVROLET SILVERADO | 17,142 | 3,428 | 13,714 | 13,714 |
| 2003 POLARIS QUAD | 2,000 | 400 | 1,600 | 1,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 16,446 | 0 | 0 | 16,446 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 1,759 | 0 | 0 | 1,759 |
| ANNUAL CORPORATION COMMISSION REPORT | 10 | 0 | 0 | 10 |
| BANK FEES | 104 | 0 | 0 | 104 |
| VEHICLE REGISTRATION | 294 | 0 | 0 | 294 |
| CC PROCESSING FEES | 537 | 0 | 0 | 537 |
| OFFICE SUPPLIES | 1,585 | 0 | 0 | 1,585 |
| MEDICINE | 2,942 | 0 | 0 | 2,942 |
| TECHNOLOGY | 1,526 | 0 | 0 | 1,526 |
| ANIMAL CARE | 1,592 | 0 | 0 | 1,592 |
| GARBAGE AND RECYCLING | 4,077 | 0 | 0 | 4,077 |
| PAYROLL PROCESSING | 3,019 | 0 | 0 | 3,019 |
| AUTOMOBILE INSURANCE | 2,929 | 0 | 0 | 2,929 |
| UTILITIES | 4,578 | 0 | 0 | 4,579 |
| REPAIR AND MAINTENANCE-GENERAL | 7,141 | 0 | 0 | 7,141 |
| ADVERTISING AND PROMOTION | 7,506 | 0 | 0 | 7,506 |
| LIABILITY INSURANCE | 6,389 | 0 | 0 | 6,389 |
| VET BILLS | 38,450 | 0 | 0 | 38,450 |
| ANIMAL SUPPLIES | 4,467 | 0 | 0 | 4,467 |
| HAY AND FEED | 92,325 | 0 | 0 | 92,325 |
| HIRING FEES | 1,742 | 0 | 0 | 1,742 |
| SUPPLIES | 846 | 0 | 0 | 846 |
| ANIMAL DISPOSAL | 100 | 0 | 0 | 100 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SBA EIDL | 150,000 | 145,513 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 21,825 | 0 | 0 | 21,825 |