| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,650 | 1,325 | 1,325 | 1,325 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2018-01-01 | 361,322 | 27,774 | SL | 39.000000000000 | 9,265 | 0 | 9,265 | |
| FURNITURE | 2018-01-01 | 8,072 | 3,459 | SL | 7.000000000000 | 1,153 | 0 | 1,153 | |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 2019-08-30 | 17,539 | 4,677 | SL | 5.000000000000 | 3,508 | 0 | 3,508 | |
| FURNACE | 2019-06-08 | 8,280 | 874 | SL | 15.000000000000 | 552 | 0 | 552 | |
| BUILDING IMPROVEMENTS | 2019-12-03 | 9,624 | 695 | SL | 15.000000000000 | 642 | 0 | 642 | |
| FENCE | 2020-06-01 | 13,015 | 506 | SL | 15.000000000000 | 868 | 0 | 868 | |
| MOWING DECK | 2020-08-01 | 1,928 | 161 | SL | 5.000000000000 | 386 | 0 | 386 | |
| BBI 6 TON FERTILIZER SPREADER | 2018-02-23 | 9,500 | 5,383 | SL | 5.000000000000 | 1,900 | 0 | 1,900 | |
| BUILDING IMPROVEMENTS | 2018-10-21 | 49,035 | 2,724 | SL | 39.000000000000 | 1,257 | 0 | 1,257 | |
| KUBOTA TRACTOR | 2020-12-21 | 52,244 | SL | 5.000000000000 | 10,527 | 0 | 10,527 | ||
| CAN AM DEPENDER MAX DPS | 2021-12-01 | 21,791 | SL | 5.000000000000 | 363 | 0 | 363 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTAL FUNDS | AT COST | 312,621 | 343,619 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 361,322 | 37,039 | 324,283 | 362,000 |
| FURNITURE | 8,072 | 4,612 | 3,460 | 6,500 |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 17,539 | 8,185 | 9,354 | |
| FURNACE | 8,280 | 1,426 | 6,854 | |
| BUILDING IMPROVEMENTS | 9,624 | 1,337 | 8,287 | |
| FENCE | 13,015 | 1,374 | 11,641 | |
| MOWING DECK | 1,928 | 547 | 1,381 | |
| BBI 6 TON FERTILIZER SPREADER | 9,500 | 7,283 | 2,217 | |
| BUILDING IMPROVEMENTS | 49,035 | 3,981 | 45,054 | |
| KUBOTA TRACTOR | 52,244 | 10,527 | 41,717 | |
| CAN AM DEPENDER MAX DPS | 21,791 | 363 | 21,428 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL LIABILITY INSURANCE | 7,140 | 0 | 7,140 | 7,140 |
| INVESTMENT FEES | 2,724 | 2,724 | 0 | 0 |
| MISCELLANEOUS EXPENSE | 304 | 0 | 304 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAX | 1,843 | 0 | 1,843 | 0 |