| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SHOP | 2022-04-01 | 59,000 | 5,900 | 200DB | 18.00 % | 10,620 | |||
| LAND IMPROVEMENTS | 2022-05-10 | 18,000 | 900 | 150DB | 9.50 % | 1,710 | |||
| POLE BARN | 2022-04-10 | 34,000 | 3,400 | 200DB | 18.00 % | 6,120 | |||
| ELECTIC | 2022-04-01 | 5,000 | 500 | 200DB | 18.00 % | 900 | |||
| WATER & SEPTIC | 2022-04-10 | 8,000 | 800 | 200DB | 18.00 % | 1,440 | |||
| TRACTOR | 2022-07-01 | 16,000 | 3,200 | 200DB | 32.00 % | 5,120 | |||
| BRUSH HOG | 2022-07-10 | 300 | 60 | 200DB | 32.00 % | 96 | |||
| GATOR | 2022-07-15 | 4,000 | 800 | 200DB | 32.00 % | 1,280 | |||
| FENCING | 2022-06-20 | 9,500 | 475 | 150DB | 9.50 % | 903 | |||
| KENNELS | 2023-06-10 | 14,698 | 150DB | 5.00 % | 735 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 20,300 | 10,556 | 9,744 | |
| Buildings | 93,000 | 26,040 | 66,960 | |
| Improvements | 55,198 | 8,363 | 46,835 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEED/SUPPLIES | 9,609 | |||
| HAY | 1,222 | |||
| SUPPLIES | 1,081 | |||
| UTILITIES | 2,091 | |||
| VETERINARY EXPENSES | 2,923 |