| 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 | 2021-01-01 | 5,769,012 | SL | 2.46 % | 141,975 | 141,975 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 5,769,012 | 141,975 | 5,627,037 | 6,314,800 |
| Land | 1,723,046 | 1,723,046 | 248,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Fees | 10 | |||
| Licenses & Permits | 30 | |||
| Rental Expenses | 182,648 | 182,648 |