| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SHED | 1974-01-01 | 7,401 | 7,401 | SL | 20.000000000000 | 0 | 0 | ||
| SHED ADDITION | 1975-01-01 | 1,712 | 1,712 | SL | 20.000000000000 | 0 | 0 | ||
| CORN CRIB | 1976-09-10 | 509 | 509 | SL | 15.000000000000 | 0 | 0 | ||
| GRAIN BIN & DRYER | 1977-01-01 | 16,468 | 14,821 | SL | 15.000000000000 | 0 | 0 | ||
| DRAINAGE TILE | 1991-06-01 | 8,131 | 8,131 | SL | 20.000000000000 | 0 | 0 | ||
| GRAIN BIN-ADJ | 1991-06-01 | 9,657 | 9,657 | SL | 20.000000000000 | 0 | 0 | ||
| TILE INSTALLED | 1992-06-01 | 2,243 | 2,243 | SL | 20.000000000000 | 0 | 0 | ||
| TILE WORK & DITCHING | 1992-06-01 | 7,000 | 7,000 | SL | 20.000000000000 | 0 | 0 | ||
| TILE OUTLET & WATER LINE | 1992-06-01 | 211 | 211 | SL | 20.000000000000 | 0 | 0 | ||
| CONCRETE & GRAVEL FOR BIN | 1992-06-01 | 1,031 | 1,031 | SL | 15.000000000000 | 0 | 0 | ||
| BLOCK FOR GRAIN BIN | 1992-06-01 | 338 | 338 | SL | 15.000000000000 | 0 | 0 | ||
| WIRING GRAIN BIN | 1992-06-01 | 316 | 316 | SL | 15.000000000000 | 0 | 0 | ||
| BARN GARAGE DOOR | 1996-01-01 | 602 | 602 | SL | 20.000000000000 | 0 | 0 | ||
| DITCHING FENCE ROWS | 1997-08-15 | 3,748 | 3,748 | SL | 20.000000000000 | 0 | 0 | ||
| FILE TILE | 1997-08-15 | 4,021 | 4,021 | SL | 20.000000000000 | 0 | 0 | ||
| FIELD TILE | 1999-01-01 | 3,753 | 3,753 | SL | 20.000000000000 | 0 | 0 | ||
| FENCING & IMPROVEMENTS | 2001-05-17 | 4,700 | 4,700 | SL | 10.000000000000 | 0 | 0 | ||
| FENCE | 2001-12-19 | 2,950 | 2,950 | SL | 10.000000000000 | 0 | 0 | ||
| TENANT HOUSE & BARN | 1969-09-30 | 10,000 | 10,000 | SL | 30.000000000000 | 0 | 0 | ||
| OIL FURNACE-TENANT HOUSE | 1978-01-01 | 975 | 878 | SL | 15.000000000000 | 0 | 0 | ||
| TENANT HOUSE IMPROVEMENTS | 1981-01-01 | 846 | 846 | SL | 10.000000000000 | 0 | 0 | ||
| INSULATION-TENANT HOUSE | 1978-01-01 | 1,107 | 1,107 | SL | 10.000000000000 | 0 | 0 | ||
| TENANT HOUSE-FLOOR COVERING | 1981-01-01 | 340 | 340 | SL | 10.000000000000 | 0 | 0 | ||
| TENANT HOUSE IMPROVEMENTS | 1984-01-01 | 19,617 | 19,617 | SL | 15.000000000000 | 0 | 0 | ||
| FLOORS-TENANT HOUSE | 1986-06-01 | 1,945 | 1,945 | SL | 10.000000000000 | 0 | 0 | ||
| TENANT HOUSE IMPROVEMENTS | 1990-06-01 | 60,980 | 60,980 | SL | 15.000000000000 | 0 | 0 | ||
| TENANT HOUSE IMPROVEMENTS | 1991-06-01 | 6,074 | 6,074 | SL | 15.000000000000 | 0 | 0 | ||
| MATERIAL AND WINDOWS TENANT HOUSE | 1994-12-01 | 9,422 | 9,422 | SL | 20.000000000000 | 0 | 0 | ||
| WINDOWS-TENANT HOUSE | 1994-12-01 | 4,785 | 4,785 | SL | 20.000000000000 | 0 | 0 | ||
| STORM DOOR-TENANT HOUSE | 1996-01-01 | 202 | 202 | SL | 20.000000000000 | 0 | 0 | ||
| AC & WATER HEATER-TENANT HOUSE | 1997-08-15 | 2,357 | 2,357 | SL | 10.000000000000 | 0 | 0 | ||
| ALUM PORCH COLUMNS-TENANT HOUSE | 2000-08-22 | 735 | 526 | SL | 27.500000000000 | 27 | 27 | ||
| AERATOR FOR SEPTIC TANK-TE | 2000-06-22 | 413 | 413 | 200DB | 7.000000000000 | 0 | 0 | ||
| CEILING FANS-TENANT HOUSE | 2000-06-22 | 153 | 153 | 200DB | 7.000000000000 | 0 | 0 | ||
| LAND | 1969-09-30 | 58,000 | L | 0 | 0 | ||||
| FIELD TILE | 2009-04-03 | 3,269 | 1,712 | SL | 20.000000000000 | 163 | 163 | ||
| NEW ELECTRIC PANEL | 2009-06-10 | 1,620 | 622 | SL | 27.500000000000 | 59 | 59 | ||
| CONCRETE STEPS-TENANT HOUSE | 2009-06-22 | 1,914 | 738 | SL | 27.500000000000 | 70 | 70 | ||
| NEW ROOF-GARAGE AND PORCH | 2010-09-10 | 4,137 | 1,394 | SL | 27.500000000000 | 150 | 150 | ||
| CARPET-DOWNSTAIRS | 2011-09-06 | 1,856 | 1,581 | SL | 10.000000000000 | 186 | 186 | ||
| CARPET-UPSTAIRS | 2011-10-19 | 1,354 | 1,148 | SL | 10.000000000000 | 135 | 135 | ||
| FURNACE | 2011-08-19 | 2,400 | 1,360 | SL | 15.000000000000 | 160 | 160 | ||
| APPLIANCES-RANGE | 2011-10-06 | 585 | 494 | SL | 10.000000000000 | 59 | 59 | ||
| APPLIANCES-REFRIGERATOR | 2011-10-06 | 499 | 425 | SL | 10.000000000000 | 50 | 50 | ||
| NEW DOWNSTAIR BATH | 2012-07-20 | 1,719 | 470 | SL | 27.500000000000 | 63 | 63 | ||
| GRAIN BIN | 2013-12-22 | 10,414 | 3,191 | SL | 20.000000000000 | 521 | 521 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 3,229,710 | 4,109,759 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SHED | 7,401 | 7,401 | 0 | |
| SHED ADDITION | 1,712 | 1,712 | 0 | |
| CORN CRIB | 509 | 509 | 0 | |
| GRAIN BIN & DRYER | 16,468 | 14,821 | 1,647 | |
| DRAINAGE TILE | 8,131 | 8,131 | 0 | |
| GRAIN BIN-ADJ | 9,657 | 9,657 | 0 | |
| TILE INSTALLED | 2,243 | 2,243 | 0 | |
| TILE WORK & DITCHING | 7,000 | 7,000 | 0 | |
| TILE OUTLET & WATER LINE | 211 | 211 | 0 | |
| CONCRETE & GRAVEL FOR BIN | 1,031 | 1,031 | 0 | |
| BLOCK FOR GRAIN BIN | 338 | 338 | 0 | |
| WIRING GRAIN BIN | 316 | 316 | 0 | |
| BARN GARAGE DOOR | 602 | 602 | 0 | |
| DITCHING FENCE ROWS | 3,748 | 3,748 | 0 | |
| FILE TILE | 4,021 | 4,021 | 0 | |
| FIELD TILE | 3,753 | 3,753 | 0 | |
| FENCING & IMPROVEMENTS | 4,700 | 4,700 | 0 | |
| FENCE | 2,950 | 2,950 | 0 | |
| TENANT HOUSE & BARN | 10,000 | 10,000 | 0 | |
| OIL FURNACE-TENANT HOUSE | 975 | 878 | 97 | |
| TENANT HOUSE IMPROVEMENTS | 846 | 846 | 0 | |
| INSULATION-TENANT HOUSE | 1,107 | 1,107 | 0 | |
| TENANT HOUSE-FLOOR COVERING | 340 | 340 | 0 | |
| TENANT HOUSE IMPROVEMENTS | 19,617 | 19,617 | 0 | |
| FLOORS-TENANT HOUSE | 1,945 | 1,945 | 0 | |
| TENANT HOUSE IMPROVEMENTS | 60,980 | 60,980 | 0 | |
| TENANT HOUSE IMPROVEMENTS | 6,074 | 6,074 | 0 | |
| MATERIAL AND WINDOWS TENANT HOUSE | 9,422 | 9,422 | 0 | |
| WINDOWS-TENANT HOUSE | 4,785 | 4,785 | 0 | |
| STORM DOOR-TENANT HOUSE | 202 | 202 | 0 | |
| AC & WATER HEATER-TENANT HOUSE | 2,357 | 2,357 | 0 | |
| ALUM PORCH COLUMNS-TENANT HOUSE | 735 | 553 | 182 | |
| AERATOR FOR SEPTIC TANK-TE | 413 | 413 | 0 | |
| CEILING FANS-TENANT HOUSE | 153 | 153 | 0 | |
| LAND | 58,000 | 0 | 58,000 | |
| FIELD TILE | 3,269 | 1,875 | 1,394 | |
| NEW ELECTRIC PANEL | 1,620 | 681 | 939 | |
| CONCRETE STEPS-TENANT HOUSE | 1,914 | 808 | 1,106 | |
| NEW ROOF-GARAGE AND PORCH | 4,137 | 1,544 | 2,593 | |
| CARPET-DOWNSTAIRS | 1,856 | 1,767 | 89 | |
| CARPET-UPSTAIRS | 1,354 | 1,283 | 71 | |
| FURNACE | 2,400 | 1,520 | 880 | |
| APPLIANCES-RANGE | 585 | 553 | 32 | |
| APPLIANCES-REFRIGERATOR | 499 | 475 | 24 | |
| NEW DOWNSTAIR BATH | 1,719 | 533 | 1,186 | |
| GRAIN BIN | 10,414 | 3,712 | 6,702 |
| Description | Amount |
|---|---|
| ROUNDING | 5 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,685 | 1,685 | 0 | |
| FARM INSURANCE | 2,964 | 2,964 | 0 | |
| FARM EXPENSES | 3,404 | 3,404 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT DEPOSIT PAYABLE | 1,400 | 1,400 |
| FARM EXPENSE PAYABLE | 3,404 | 3,197 |
| RENTS PAYABLE | 3,973 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MGT FEES | 27,906 | 27,906 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES PAID | 7,693 | 7,693 | 0 | |
| EXCISE TAXES PAID | 3,500 | 0 | 0 | |
| PRIOR YEAR RE TAXES PAID | 12,006 | 12,006 | 0 |