| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2021-09-01 | 50,996 | L | 0 | 0 | ||||
| WAREHOUSE (486 N. MAIN ST.) | 2021-09-01 | 750,750 | SL | 39.000000000000 | 5,615 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 50,996 | 0 | 50,996 | |
| WAREHOUSE (486 N. MAIN ST.) | 750,750 | 5,615 | 745,135 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSIT | 10,000 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| US BANK - ACCOUNT FEES | 160 | 0 | 0 | |
| DELUXE BUSINESS SYSTEMS - CHECKS | 121 | 0 | 0 |