| 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 | 2018-01-01 | 361,322 | 46,304 | SL | 39.000000000000 | 9,265 | 0 | 9,265 | |
| FURNITURE | 2018-01-01 | 8,072 | 5,765 | SL | 7.000000000000 | 1,153 | 0 | 1,153 | |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 2019-08-30 | 17,539 | 11,774 | SL | 5.000000000000 | 3,589 | 0 | 3,589 | |
| FURNACE | 2019-06-08 | 8,280 | 1,978 | SL | 15.000000000000 | 552 | 0 | 552 | |
| BUILDING IMPROVEMENTS | 2019-12-03 | 9,624 | 1,979 | SL | 15.000000000000 | 642 | 0 | 642 | |
| FENCE | 2020-06-01 | 13,015 | 2,242 | SL | 15.000000000000 | 868 | 0 | 868 | |
| MOWING DECK | 2020-08-01 | 1,928 | 933 | SL | 5.000000000000 | 386 | 0 | 386 | |
| BBI 6 TON FERTILIZER SPREADER | 2018-02-23 | 9,500 | 9,259 | SL | 5.000000000000 | 165 | 0 | 165 | |
| BUILDING IMPROVEMENTS | 2018-10-21 | 49,035 | 5,241 | SL | 39.000000000000 | 1,260 | 0 | 1,260 | |
| KUBOTA TRACTOR | 2020-12-21 | 52,244 | 20,976 | SL | 5.000000000000 | 10,449 | 0 | 10,449 | |
| CAN AM DEPENDER MAX DPS | 2021-12-01 | 21,791 | 4,721 | SL | 5.000000000000 | 4,358 | 0 | 4,358 | |
| NEW BARN | 2022-03-01 | 31,963 | 5,327 | SL | 39.000000000000 | 6,393 | 0 | 6,393 | |
| KOHLER 20RCA GENERATOR | 2023-02-01 | 9,590 | SL | 5.000000000000 | 1,758 | 0 | 1,758 | ||
| CAN AM CUSTOME HANDICAP A | 2023-01-01 | 27,525 | SL | 5.000000000000 | 5,505 | 0 | 5,505 | ||
| GENERATOR INSTALL | 2023-09-01 | 3,583 | SL | 5.000000000000 | 239 | 0 | 239 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTAL FUNDS | AT COST | 325,927 | 356,925 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 361,322 | 55,569 | 305,753 | |
| FURNITURE | 8,072 | 6,918 | 1,154 | |
| 2019 - POLARIS GENERAL 1000 PREMIUM | 17,539 | 15,363 | 2,176 | |
| FURNACE | 8,280 | 2,530 | 5,750 | |
| BUILDING IMPROVEMENTS | 9,624 | 2,621 | 7,003 | |
| FENCE | 13,015 | 3,110 | 9,905 | |
| MOWING DECK | 1,928 | 1,319 | 609 | |
| BBI 6 TON FERTILIZER SPREADER | 9,500 | 9,424 | 76 | |
| BUILDING IMPROVEMENTS | 49,035 | 6,501 | 42,534 | |
| KUBOTA TRACTOR | 52,244 | 31,425 | 20,819 | |
| CAN AM DEPENDER MAX DPS | 21,791 | 9,079 | 12,712 | |
| NEW BARN | 31,963 | 11,720 | 20,243 | |
| KOHLER 20RCA GENERATOR | 9,590 | 1,758 | 7,832 | |
| CAN AM CUSTOME HANDICAP A | 27,525 | 5,505 | 22,020 | |
| GENERATOR INSTALL | 3,583 | 239 | 3,344 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL LIABILITY INSURANCE | 8,969 | 0 | 8,969 | 8,969 |
| INVESTMENT FEES | 2,669 | 2,669 | 0 | 0 |
| MISCELLANEOUS EXPENSE | 2,048 | 0 | 2,048 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 23,009 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAX | 351 | 0 | 351 | 0 |
| PAYROLL TAXES | 795 | 0 | 795 | 0 |