| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GOAT SHED | 2019-01-01 | 11,425 | 574 | S/L | 39.0000 | 293 | |||
| BOYS QUARTERS | 2019-01-01 | 28,053 | 1,409 | S/L | 39.0000 | 719 | |||
| WAREHOUSE | 2019-01-01 | 1,500 | 75 | S/L | 39.0000 | 39 | |||
| BUILDINGS | 2019-01-01 | 9,761 | 490 | S/L | 39.0000 | 250 | |||
| FENCE | 2019-01-01 | 95,011 | 13,777 | 150DB | 15.0000 | 8,123 | |||
| WATER PUMP/WELL | 2019-01-01 | 5,100 | 256 | S/L | 39.0000 | 131 | |||
| LAND IMPROVEMENTS | 2019-01-01 | 22,622 | 3,280 | 150DB | 15.0000 | 1,934 | |||
| 6 FOOT PEIMETER FENCE | 2019-01-01 | 44,000 | 6,380 | 150DB | 15.0000 | 3,762 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 217,472 | 41,493 | 175,979 | 217,472 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 13 |