| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 2,665 | 853 | 853 | 1,812 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRAILER-AFFORDABLE TRAILERS | 2021-07-27 | 2,469 | 700 | SL | 20.00 % | 494 | |||
| POLARIS RANGER | 2021-11-16 | 28,600 | 6,197 | SL | 20.00 % | 5,720 | |||
| TRAILER DESIGN | 2023-04-07 | 5,100 | SL | 3.33 % | 170 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 71,581 | 87,268 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 28,600 | 11,917 | 16,683 | 16,683 |
| Machinery and Equipment | 2,469 | 1,194 | 1,275 | 1,275 |
| Improvements | 5,100 | 170 | 4,930 | 4,930 |
| Land | 280,000 | 280,000 | 280,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 1,449 | 464 | 464 | 985 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEE | 36 | 12 | 12 | 24 |
| FOREIGN TAX PAID ON INVESTMENT | 14 | 14 | 14 | |
| INVESTMENT EXPENSE | 7 | 7 | 7 | |
| LICENSES AND FEES | 195 | 62 | 62 | 133 |
| OFFICE EXP | 104 | 33 | 33 | 71 |
| SUPPLIES | 2,228 | 2,228 | ||
| WEBSITE HOSTING | 135 | 43 | 43 | 92 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER SERVICE | 2,359 | 755 | 755 | 1,604 |