| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4239 Von Talge Road - Rental House | 2021-04-01 | 403,108 | 3,665 | SL | 27.5000 | 14,658 | |||
| 4239 Von Talge Road - Drive & Porch | 2021-04-01 | 5,000 | 83 | SL | 15.0000 | 333 | |||
| 4239 Von Talge Road - Landscaping | 2021-04-01 | 4,000 | 67 | SL | 15.0000 | 267 | |||
| 4239 Von Talge Road - Fencing | 2021-04-01 | 6,300 | 105 | SL | 15.0000 | 420 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 403,108 | 18,323 | 384,785 | 458,408 |
| Improvements | 15,300 | 1,275 | 14,025 | |
| Land | 40,000 | 40,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SPORTS MEMORABILIA COLLECTION | 538,150 | 538,150 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 15 | 15 | ||
| DUES & SUBSCRIPTIONS | 16,866 | 16,866 | ||
| Rental Expenses | 7,684 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Rental Income - Noninvestment Property | 24,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2 | 2 |