| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2016 ATV Mule | 2018-01-01 | 11,858 | 11,695 | 5_MACRS | 5.000000 | 163 | 163 | 163 | |
| Grow Boxes | 2018-03-12 | 5,763 | 5,763 | 3-MARCS | 3.000000 | 0 | 0 | 0 | |
| Propane Tanks | 2018-03-12 | 15,546 | 4,910 | 20-MACRS | 20.000000 | 798 | 798 | 798 | |
| Sprinklers | 2024-03-12 | 8,150 | 3,270 | 15-MACRS | 15.000000 | 488 | 488 | 488 | |
| Water Well | 2018-03-12 | 27,092 | 5,209 | S L-25 | 25.000000 | 1,084 | 1,084 | 1,084 | |
| Solar System | 2018-07-01 | 71,029 | 58,756 | 5-MACRS | 5.000000 | 8,183 | 8,183 | 8,183 | |
| 2019 Grow Boxes | 2019-07-01 | 8,266 | 8,266 | 3-MACRS | 3.000000 | 0 | 0 | 0 | |
| Bunkbeds And Accessories | 2020-06-30 | 4,503 | 2,534 | 7-Bunkbeds | 7.000000 | 562 | 562 | 562 | |
| Sound Machine Heaters Table Saw Tool Box | 2020-06-30 | 1,737 | 977 | 7-MACRS | 7.000000 | 217 | 217 | 217 | |
| Kitchen Equipment: $1967 Tools & Equip: $4637 | 2020-06-30 | 6,604 | 3,716 | 7-MACRS | 7.000000 | 825 | 825 | 825 | |
| Kitchen Improvements - Cabinets | 2020-08-24 | 496 | 43 | Rental 27.5 | 27.500000 | 18 | 18 | 18 | |
| Kitchen Improvements Countertops | 2020-09-04 | 346 | 28 | Rental 27.5 | 27.500000 | 12 | 12 | 12 | |
| Kitchen Improvements Countertops | 2020-09-18 | 2,058 | 170 | Rental 27.5 | 27.500000 | 74 | 74 | 74 | |
| Tile Flooring | 2020-09-22 | 183 | 14 | Rental 27.5 | 27.500000 | 6 | 6 | 6 | |
| Laminate Flooring | 2020-12-16 | 893 | 65 | Rental 27.5 | 27.500000 | 32 | 32 | 32 | |
| Sprinklers | 2020-11-20 | 6,673 | 1,539 | 15-MACRS | 15.000000 | 514 | 514 | 514 | |
| Freeze Dryer | 2020-12-31 | 2,896 | 1,630 | 7-MACRS | 7.000000 | 362 | 362 | 362 | |
| Vermeer Mini Skidstee Loader | 2020-05-29 | 22,500 | 16,020 | 5-MACRS | 5.000000 | 2,592 | 2,592 | 2,592 | |
| 2013 Kodak Travel Trailer | 2020-06-26 | 20,000 | 10,538 | 7-MACRS | 7.000000 | 2,498 | 2,498 | 2,498 | |
| Harvest Right Freeze Dryer | 2021-03-02 | 2,876 | 1,495 | 5-MACRS | 5.000000 | 552 | 552 | 552 | |
| Hearth and Home Fire Place Insert | 2021-07-30 | 5,492 | 5,492 | Section 179 | 100.000000 | 0 | 0 | 0 | |
| Gorilla Racks | 2021-08-23 | 427 | 166 | 7-MACRS | 7.000000 | 75 | 75 | 75 | |
| Gorilla Racks | 2021-07-23 | 978 | 380 | 7-MACRS | 7.000000 | 171 | 171 | 171 | |
| Shot Gun | 2021-03-13 | 400 | 400 | Sect 179 | 100.000000 | 0 | 0 | 0 | |
| Stihl Chain Saw | 2021-10-07 | 910 | 473 | 5-MACRS | 5.000000 | 175 | 175 | 175 | |
| Log Splitter | 2021-08-21 | 1,800 | 698 | 7-MACRS | 7.000000 | 315 | 315 | 315 | |
| 2021 Grow Boxes | 2023-08-23 | 11,153 | 8,675 | 3-MACRS | 3.000000 | 1,652 | 1,652 | 1,652 | |
| 2021 Sprinklers | 2023-08-23 | 2,982 | 432 | 15-MACRS | 15.000000 | 255 | 255 | 255 | |
| Furniture and Equipment | 2018-03-12 | 2,229 | 1,815 | 7-MACRS | 7.000000 | 195 | 195 | 195 | |
| Fence chain Link Deer Fence | 2019-07-01 | 5,460 | 1,301 | 20-MACRS | 20.000000 | 312 | 312 | 312 | |
| Greenhouse | 2021-01-01 | 19,739 | 5,527 | 200DB | 10.000000 | 2,842 | 2,842 | 2,842 | |
| RV Pads | 2021-03-15 | 6,686 | 435 | S L-28 | 27.500000 | 239 | 239 | 239 | |
| Outhouse | 2021-09-15 | 41,979 | 1,972 | S L-27.5 | 27.500000 | 1,526 | 1,526 | 1,526 | |
| Shed | 2022-07-25 | 24,275 | 404 | S L-27.5 | 27.500000 | 882 | 882 | 882 | |
| 2022 Grow Boxes | 2022-06-15 | 2,424 | 881 | 200DB | 3.000000 | 1,028 | 1,028 | 1,028 | |
| Pavilion | 2023-12-25 | 65,457 | 0 | S L-27.5 | 27.500000 | 99 | 99 | 99 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings and Equipment | 220,664 | 193,606 | 229,781 | 247,228 |
| Description | Amount |
|---|---|
| 2023: - Rounding Difference | 10 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Vehicle Expense | 237 | 237 | 237 | 237 |
| Rental Expense | 3,600 | 3,600 | 3,600 | 3,600 |
| Subscription and Books | 110 | 110 | 110 | 110 |
| Outside Services | 6,802 | 6,802 | 6,802 | 6,802 |
| Repair and Maintenance | 730 | 730 | 730 | 730 |
| Charitable Contributions - Donations | 12,377 | 12,377 | 12,377 | 12,377 |
| Insurance | 1,449 | 1,449 | 1,449 | 1,449 |
| Tax Preparation | 3,850 | 3,850 | 3,850 | 3,850 |
| Banking Fees | 614 | 614 | 614 | 614 |
| Operating Supplies | 6,656 | 6,656 | 6,656 | 6,656 |
| Public Relations | 2,726 | 2,726 | 2,726 | 2,726 |
| Description | Amount |
|---|---|
| 2023: Grow Boxes | 520 |
| 2023 - Purchased Sprinklers | 623 |
| 2023 - Chicken Coop | 2,861 |
| 2023 - West Garden | 650 |
| 2023 - Insulation | 1,210 |
| 2023 - Play Ground | 5,754 |
| 2023 - Food Inventory | 540 |
| Name | Address |
|---|---|
| Rob and Melissa Kiser |
5927 N Cosby Ct Kansas City,MO64151 |
| Natalie and Adam Jensen |
2256 E 11620 S Sandy,UT84092 |
| Josh and Brittany Kiser |
473 E 10375 S Sandy,UT84070 |