| 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 | 2021-09-24 | 72,500 | S/L | 39.0000 | 542 | ||||
| FURNITURE & EQUIPMENT | 2020-12-31 | 9,100 | 200DB | 7.0000 | 2,600 | ||||
| FORKLIFT | 2021-05-20 | 27,200 | 200DB | 7.0000 | 27,200 | ||||
| 2019 PETERBILT | 2021-02-01 | 130,000 | 200DB | 5.0000 | |||||
| VEHICLES | 2020-12-31 | 50,449 | 200DB | 5.0000 | 12,940 | ||||
| 2021 DODGE RAM | 2021-03-12 | 60,000 | 200DB | 5.0000 | 18,200 | ||||
| 2004 FORD F750 | 2021-07-28 | 30,000 | 200DB | 5.0000 | 30,000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 2019 PETERBILT | 2021-02 | PURCHASE | 2021-07 | 144,330 | 130,000 | 14,330 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 249,249 | 91,482 | 157,767 | 249,249 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 81,603 | |||
| AUTO EXPENSE | 36,391 | |||
| BANK CHARGES | 50 | |||
| CONTRACT SERVICES | 97,591 | |||
| INSURANCE | 3,425 | |||
| POSTAGE | 2,087 | |||
| SOFTWARE | 5,769 | |||
| OFFICE SUPPLIES | 8,968 | |||
| TELEPHONE | 5,306 | |||
| REPAIRS & MAINT | 6,641 | |||
| SECURITY | 1,400 | |||
| STORAGE UNIT | 17,246 | |||
| MEALS | 11,412 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO SAFER STATUS | 3,597 |
| Name | Address |
|---|---|
| RODNEY JILLETA TIMMS |
5000 CARRINGTON PLACE OKLAHOMA CITY,OK73131 |