| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ROUTE 50 BUILDING | 1988-09-30 | 246,530 | 206,212 | S/L | 40.0000 | 6,163 | 6,163 | 6,163 | |
| ROUTE 50 LAND | 1988-09-30 | 75,000 | |||||||
| ROUTE 50 TELEPHONE | 1988-09-30 | 1,460 | 1,460 | 10.0000 | |||||
| R0UTE 50 CARPET | 1996-07-25 | 2,340 | 2,340 | S/L | 5.0000 | ||||
| ROUTE 50 IMPROVEMENT | 1998-01-08 | 4,000 | 2,375 | S/L | 40.0000 | 100 | 100 | 100 | |
| NEW HEATING & AIR UNIT | 1998-10-01 | 52,600 | 30,245 | S/L | 40.0000 | 1,315 | 1,315 | 1,315 | |
| CAPIT. LABOR-HEATING UNIT | 1998-11-19 | 9,916 | 5,660 | S/L | 40.0000 | 248 | 248 | 248 | |
| FURNISHINGS | 2005-03-02 | 9,000 | 9,000 | S/L | 7.0000 | ||||
| ICE MAKER | 2012-09-04 | 2,930 | 2,930 | S/L | 7.0000 | ||||
| DELAWARE ELEVATOR | 2017-09-06 | 10,000 | 1,036 | S/L | 39.0000 | 257 | 257 | 257 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DODGE & COX INCOME FUND | 791,937 | 659,870 |
| PAYDEN LOW DURATION BOND FUND | 170,979 | 163,299 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES INC | 10,203 | 19,352 |
| ABBVIE INC | 17,308 | 24,158 |
| AMERICAN ELECTRIC POWER INC | 11,693 | 16,426 |
| APPLE INC | 2,943 | 11,056 |
| BANK OF AMERICA | 4,433 | 5,587 |
| BROADCOM IN | 15,802 | 24,421 |
| CHEVRON CORPORATION | 29,093 | 40,802 |
| CISCO SYSTEMS | 15,729 | 20,000 |
| DELAWARE VALUE FUND R 6 | 5,950 | 5,458 |
| FEDERATED STRATEGIC VALUE FD | 75,000 | 90,000 |
| JOHNSON AND JOHNSON | 12,535 | 19,603 |
| KEURIG DR PEPPER INC | 11,408 | 4,476 |
| KIMBERLY CLARK CORP | 11,637 | 10,354 |
| MERCK & CO | 14,911 | 21,530 |
| MICROSOFT CORP | 13,210 | 58,225 |
| NEXTERA ENERGY INC | 11,795 | 32,932 |
| PFIZER | 30,702 | 41,572 |
| POLEN GROWTH FUND INS | 8,560 | 7,219 |
| PRUDENTIAL FINANCIAL INC | 15,745 | 16,556 |
| TRUIST FINANCIAL CORP | 4,200 | 4,093 |
| VERIZON COMMUNICATIONS | 32,034 | 22,592 |
| VIATRIS | 1,681 | 997 |
| WEC ENERGY GROUP | 12,552 | 19,675 |
| WISDOM TREE US LARGE CAP DIV FUND | 82,517 | 193,410 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 323,046 | 253,611 | 69,435 | 100,000 |
| EQUIPMENT | 4,390 | 4,390 | 1,000 | |
| FURNITURE&FIXTURE | 11,340 | 11,340 | 1,000 | |
| LAND | 75,000 | 75,000 | 75,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE BUILDING & CONTENTS | 11,324 | 11,324 | 11,324 | |
| WORKMENS COMPENSATION | 752 | 752 | 752 | |
| PAYROLL PROCESSING FEES | 2,035 | 2,035 | 2,035 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN PAYABLE | 25,905 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 3,977 | 3,977 | 3,977 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 12,087 | 12,087 | 12,087 | |
| TAXES | 6,998 | 6,998 | 6,998 |