| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| ORGANIZATIONAL COSTS | 2021-12-21 | 4,361 | 2,908 | 15 | 291 | 0 | 0 | 3,199 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ROAD TRACK DEVELOPMENT | 2019-07-01 | 6,457 | 6,457 | M | 15 | 0 | 0 | 0 | |
| OFF ROAD TRACK DEVELOPMENT | 2020-05-29 | 4,320 | 4,320 | M | 15 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NET ORGANIZATIONAL COSTS | 1,453 | 1,162 | 0 |
| Description | Amount |
|---|---|
| PRESIDENTS RETURN OF CAPITAL | 29,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 14 | 0 | 0 | 0 |
| OFFICE SUPPLIES & SOFTWARE | 192 | 0 | 0 | 0 |