| 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 |
|---|---|---|---|---|---|---|---|---|---|
| NEW TRAILER | 2021-02-22 | 3,500 | 0 | M | 7 | 500 | 0 | 0 | |
| REFRIDERATOR | 2021-01-08 | 400 | 0 | M | 4 | 80 | 0 | 0 | |
| WASHING MACHINE | 2021-08-14 | 300 | 0 | M | 3 | 100 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| REFRIDGERATOR AND FREEZER | 400 | 0 | 400 | 400 |
| WASHING MACHINE | 300 | 0 | 300 | 300 |
| NEW TRAILER | 3,500 | 0 | 3,500 | 3,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TRAILER HARDWARE TOOLS | 6,400 | 6,400 | 6,400 |
| MACHINERY | 6,240 | 6,240 | 6,240 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WATER TANK UPGRADE | 5,814 | 0 | 0 | 0 |
| OUTDOOR TUB REPAIR | 1,070 | 0 | 0 | 0 |
| TOOLS AND HARDWARE | 887 | 0 | 0 | 0 |
| WELL REPAIRS AND MAINTENANCE | 522 | 0 | 0 | 0 |
| GARDEN AND IRRIGATION | 2,558 | 0 | 0 | 0 |
| WATER WELL ELECTRIC | 1,636 | 0 | 0 | 0 |
| OUTSIDE ELECTRIC | 344 | 0 | 0 | 0 |
| INTERNET | 600 | 0 | 0 | 0 |