| 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 | 2016-10-05 | 586,376 | 222,513 | 150DB | 20.000000000000 | 27,290 | 0 | 29,319 | |
| EQUIPMENT | 2016-10-05 | 13,000 | 11,614 | 150DB | 7.000000000000 | 1,386 | 0 | 1,386 | |
| TRACTOR | 2016-10-05 | 36,280 | 32,413 | 150DB | 7.000000000000 | 3,867 | 0 | 3,867 | |
| OIL TANK | 2016-10-05 | 2,107 | 1,883 | 150DB | 7.000000000000 | 224 | 0 | 224 | |
| TRACTOR | 2016-10-26 | 2,593 | 2,317 | 150DB | 7.000000000000 | 276 | 0 | 276 | |
| EQUIPMENT | 2016-12-16 | 1,510 | 1,349 | 150DB | 7.000000000000 | 161 | 0 | 161 | |
| HORSE | 2016-10-05 | 1,000 | 894 | 150DB | 7.000000000000 | 106 | 0 | 106 | |
| BUILDING | 2017-07-01 | 281,813 | 98,129 | 150DB | 20.000000000000 | 13,776 | 0 | 14,091 | |
| EQUIPMENT | 2023-07-01 | 39,050 | 150DB | 7.000000000000 | 32,077 | 0 | 2,789 | ||
| TRACTOR | 2017-01-09 | 4,750 | 3,878 | 150DB | 7.000000000000 | 581 | 0 | 679 | |
| EQUIPMENT | 2017-01-10 | 2,102 | 1,716 | 150DB | 7.000000000000 | 257 | 0 | 300 | |
| 2 PROPANE TANKS | 2017-06-27 | 4,200 | 3,428 | 150DB | 7.000000000000 | 515 | 0 | 600 | |
| TRACTOR EQUIPMENT | 2017-08-15 | 1,182 | 965 | 150DB | 7.000000000000 | 145 | 0 | 169 | |
| CELL PHONE BOOSTER | 2017-09-11 | 4,828 | 3,941 | 150DB | 7.000000000000 | 591 | 0 | 690 | |
| SKID STEER FORK | 2017-09-22 | 990 | 808 | 150DB | 7.000000000000 | 121 | 0 | 141 | |
| HORSE - LISA MITCHELL | 2017-01-24 | 1,500 | 1,225 | 150DB | 7.000000000000 | 183 | 0 | 214 | |
| LAND - 9 TROTTER LN | 2018-05-15 | 465,000 | L | 0 | 0 | 0 | |||
| BUILDING - 9 TROTTER LN | 2018-05-15 | 310,000 | 91,561 | 150DB | 20.000000000000 | 16,383 | 0 | 15,500 | |
| LAND - 6984 OWL LN | 2018-07-11 | 229,840 | L | 0 | 0 | 0 | |||
| BUILDING - 6984 OWL LN | 2018-07-11 | 170,160 | 50,258 | 150DB | 20.000000000000 | 4,496 | 0 | 4,963 | |
| IMPROVEMENTS | 2020-07-01 | 136,897 | 150DB | 7.000000000000 | 0 | 0 | 19,557 | ||
| IMPROVEMENTS | 2018-07-01 | 208,083 | 61,458 | 150DB | 20.000000000000 | 10,997 | 0 | 10,404 | |
| BUILDING | 2018-07-01 | 45,059 | 13,309 | 150DB | 20.000000000000 | 2,381 | 0 | 2,253 | |
| AIR CONDITIONER | 2018-05-03 | 17,510 | 12,148 | 150DB | 7.000000000000 | 2,145 | 0 | 2,501 | |
| KUBOTA TRACTOR | 2018-06-04 | 42,192 | 29,272 | 150DB | 7.000000000000 | 5,168 | 0 | 6,027 | |
| SOLAR FANS | 2018-07-16 | 5,820 | 4,038 | 150DB | 7.000000000000 | 713 | 0 | 831 | |
| KAWASAKI GATOR | 2018-09-07 | 16,600 | 11,516 | 150DB | 7.000000000000 | 2,034 | 0 | 2,371 | |
| GENERATOR AND ACCESSORIES | 2018-12-17 | 1,061 | 736 | 150DB | 7.000000000000 | 130 | 0 | 152 | |
| WATER TREATMENT SYSTEM (APPLETON CAMPBELL) | 2019-02-26 | 28,460 | 6,779 | 150DB | 20.000000000000 | 1,626 | 0 | 1,423 | |
| GUTTERS (BOBBY WOODWARD) | 2019-09-10 | 10,690 | 2,547 | 150DB | 20.000000000000 | 611 | 0 | 535 | |
| ELECTRIC GATES (BOBBY WOODWARD) | 2019-11-27 | 3,859 | 920 | 150DB | 20.000000000000 | 220 | 0 | 193 | |
| FENCE (DANIEL HITT) | 2019-07-13 | 25,625 | 6,105 | 150DB | 20.000000000000 | 1,464 | 0 | 1,281 | |
| FRONT DOOR (SWITZER CONSTRUCTION) | 2019-09-09 | 1,700 | 405 | 150DB | 20.000000000000 | 97 | 0 | 85 | |
| REMEDIATION TO MOLD ISSUE (WEATHERSEAL) | 2019-01-29 | 11,390 | 2,714 | 150DB | 20.000000000000 | 651 | 0 | 570 | |
| CHICKEN COOP | 2019-06-08 | 2,777 | 661 | 150DB | 20.000000000000 | 159 | 0 | 139 | |
| DISHWASHER | 2019-09-26 | 933 | 533 | 150DB | 7.000000000000 | 114 | 0 | 133 | |
| STRATFORD HEAT | 2019-12-07 | 4,500 | 2,571 | 150DB | 7.000000000000 | 551 | 0 | 643 | |
| KAWASKI MULE FOR SPERRYVILLE SERIAL NUMBER JK BAFSG17K8504281 | 2019-01-08 | 16,600 | 9,483 | 150DB | 7.000000000000 | 2,033 | 0 | 2,371 | |
| HB560 POWER BROOM FOR VENTRAC | 2019-02-05 | 5,465 | 3,122 | 150DB | 7.000000000000 | 669 | 0 | 781 | |
| MAGNUM BLOWER BR 800X SN522865403 | 2020-06-02 | 600 | 150DB | 5.000000000000 | 0 | 0 | 120 | ||
| POLE PRUNER SN:XXX-XX-XXXX | 2020-07-20 | 600 | 150DB | 5.000000000000 | 0 | 0 | 120 | ||
| HONDA EB2800 INVERTER GENERATOR | 2020-07-11 | 894 | 150DB | 5.000000000000 | 0 | 0 | 179 | ||
| LASER FOR HORSES | 2020-08-16 | 4,185 | 150DB | 5.000000000000 | 0 | 0 | 837 | ||
| WATERERS SPERRYVILLE | 2020-08-16 | 1,557 | 150DB | 5.000000000000 | 0 | 0 | 311 | ||
| MS 720 MOWER SD MODEL 39.55111-MS SN:MS720-AA03898 | 2020-11-14 | 4,000 | 150DB | 5.000000000000 | 0 | 0 | 800 | ||
| HQ680 MOWER TOUGH CUT SN: HQ680-AD7164 | 2020-11-14 | 3,265 | 150DB | 5.000000000000 | 0 | 0 | 653 | ||
| 2020 GMC SIERRA 1500 | 2020-07-31 | 39,166 | 10,744 | 150DB | 5.000000000000 | 4,129 | 0 | 5,760 | |
| TABLE | 2021-08-30 | 2,228 | 150DB | 7.000000000000 | 0 | 0 | 318 | ||
| NEW ROOF CLIFF | 2021-05-16 | 987 | 150DB | 20.000000000000 | 0 | 0 | 49 | ||
| NEW ROOF OWL LANE | 2021-05-27 | 15,800 | 150DB | 20.000000000000 | 0 | 0 | 790 | ||
| INSTALLATION OF HYDRANT | 2021-06-22 | 1,275 | 150DB | 20.000000000000 | 0 | 0 | 64 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 586,376 | 249,803 | 336,573 | |
| EQUIPMENT | 13,000 | 13,000 | 0 | |
| TRACTOR | 36,280 | 36,280 | 0 | |
| OIL TANK | 2,107 | 2,107 | 0 | |
| TRACTOR | 2,593 | 2,593 | 0 | |
| EQUIPMENT | 1,510 | 1,510 | 0 | |
| HORSE | 1,000 | 1,000 | 0 | |
| BUILDING | 281,813 | 111,905 | 169,908 | |
| EQUIPMENT | 39,050 | 32,077 | 6,973 | |
| TRACTOR | 4,750 | 4,459 | 291 | |
| EQUIPMENT | 2,102 | 1,973 | 129 | |
| 2 PROPANE TANKS | 4,200 | 3,943 | 257 | |
| TRACTOR EQUIPMENT | 1,182 | 1,110 | 72 | |
| CELL PHONE BOOSTER | 4,828 | 4,532 | 296 | |
| SKID STEER FORK | 990 | 929 | 61 | |
| HORSE - LISA MITCHELL | 1,500 | 1,408 | 92 | |
| LAND - 9 TROTTER LN | 465,000 | 0 | 465,000 | |
| BUILDING - 9 TROTTER LN | 310,000 | 107,944 | 202,056 | |
| IMPROVEMENTS | 136,897 | 136,897 | 0 | |
| IMPROVEMENTS | 208,083 | 72,455 | 135,628 | |
| BUILDING | 45,059 | 15,690 | 29,369 | |
| AIR CONDITIONER | 17,510 | 14,293 | 3,217 | |
| KUBOTA TRACTOR | 42,192 | 34,440 | 7,752 | |
| SOLAR FANS | 5,820 | 4,751 | 1,069 | |
| KAWASAKI GATOR | 16,600 | 13,550 | 3,050 | |
| GENERATOR AND ACCESSORIES | 1,061 | 866 | 195 | |
| WATER TREATMENT SYSTEM (APPLETON CAMPBELL) | 28,460 | 8,405 | 20,055 | |
| GUTTERS (BOBBY WOODWARD) | 10,690 | 3,158 | 7,532 | |
| ELECTRIC GATES (BOBBY WOODWARD) | 3,859 | 1,140 | 2,719 | |
| FENCE (DANIEL HITT) | 25,625 | 7,569 | 18,056 | |
| FRONT DOOR (SWITZER CONSTRUCTION) | 1,700 | 502 | 1,198 | |
| REMEDIATION TO MOLD ISSUE (WEATHERSEAL) | 11,390 | 3,365 | 8,025 | |
| CHICKEN COOP | 2,777 | 820 | 1,957 | |
| DISHWASHER | 933 | 647 | 286 | |
| STRATFORD HEAT | 4,500 | 3,122 | 1,378 | |
| KAWASKI MULE FOR SPERRYVILLE SERIAL NUMBER JK BAFSG17K8504281 | 16,600 | 11,516 | 5,084 | |
| HB560 POWER BROOM FOR VENTRAC | 5,465 | 3,791 | 1,674 | |
| MAGNUM BLOWER BR 800X SN522865403 | 600 | 600 | 0 | |
| POLE PRUNER SN:520368519 | 600 | 600 | 0 | |
| HONDA EB2800 INVERTER GENERATOR | 894 | 894 | 0 | |
| LASER FOR HORSES | 4,185 | 4,185 | 0 | |
| WATERERS SPERRYVILLE | 1,557 | 1,557 | 0 | |
| MS 720 MOWER SD MODEL 39.55111-MS SN:MS720-AA03898 | 4,000 | 4,000 | 0 | |
| HQ680 MOWER TOUGH CUT SN: HQ680-AD7164 | 3,265 | 3,265 | 0 | |
| 2020 GMC SIERRA 1500 | 39,166 | 32,973 | 6,193 | |
| TABLE | 2,228 | 2,228 | 0 | |
| NEW ROOF CLIFF | 987 | 987 | 0 | |
| NEW ROOF OWL LANE | 15,800 | 15,800 | 0 | |
| INSTALLATION OF HYDRANT | 1,275 | 1,275 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 5,036 | 5,036 | 5,036 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IT EXPENSE | 6,921 | 0 | 0 | 6,921 |
| SUPPLIES/BARN | 12,856 | 0 | 0 | 12,856 |
| WASTE DISPOSAL | 2,963 | 0 | 0 | 2,963 |
| ADVERTISING AND PROMOTION | 377 | 0 | 0 | 377 |
| LICENSES AND PERMITS | 320 | 0 | 0 | 320 |
| FEED | 66,548 | 0 | 0 | 66,548 |
| INSURANCE | 20,900 | 0 | 0 | 20,900 |
| REPAIRS AND MAINTENANCE | 34,108 | 0 | 0 | 34,108 |
| TELEPHONE | 5,592 | 0 | 0 | 5,592 |
| VETERINARY, BREEDING, MEDICINE | 23,442 | 0 | 0 | 23,442 |
| GAS. FUEL & OIL | 7,414 | 0 | 0 | 7,414 |
| COMPUTER & INTERNET EXPENSE | 7,206 | 0 | 0 | 7,206 |
| FERRIER EXPENSE | 14,005 | 0 | 0 | 14,005 |
| OFFICE EXPENSE | 246 | 0 | 0 | 246 |
| POSTAGE & DELIVERY | 60 | 0 | 0 | 60 |
| SMALL TOOLS | 1,329 | 0 | 0 | 1,329 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| HORSE MASSAGE | 12,350 | 12,350 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 1 | 19,340 |
| SECURITY DEPOSIT | 1,550 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,395 | 0 | 0 | 2,395 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PERSONAL PROPERTY | 1,432 | 0 | 0 | 1,432 |