| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,703 | 1,352 | 1,351 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 1996-08-30 | 1,300,000 | L | 0 | 0 | 0 | |||
| EQUIPMENT | 1996-08-30 | 70,910 | 70,910 | SL | 10.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT FEEDING & WATERING | 1996-12-15 | 7,100 | 7,100 | SL | 10.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 1997-05-30 | 44,766 | 44,766 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FENCING | 1997-06-30 | 10,299 | 10,299 | SL | 10.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS FEEDING & WATERING | 1997-07-31 | 4,984 | 4,980 | SL | 20.000000000000 | 0 | 0 | 0 | |
| FARM HOUSE | 1998-12-01 | 97,180 | 97,180 | SL | 20.000000000000 | 0 | 0 | 0 | |
| FENCING | 1998-06-30 | 7,852 | 7,852 | SL | 10.000000000000 | 0 | 0 | 0 | |
| HANDLING AREA & CORRAL | 1999-09-02 | 8,902 | 8,902 | SL | 20.000000000000 | 0 | 0 | 0 | |
| HOUSE DECK | 1999-05-01 | 1,710 | 1,710 | SL | 20.000000000000 | 0 | 0 | 0 | |
| REPAVE BARNYARD | 1999-06-01 | 8,887 | 8,887 | SL | 10.000000000000 | 0 | 0 | 0 | |
| BARN FLOORING | 1999-05-01 | 750 | 750 | SL | 20.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 1999-12-15 | 5,523 | 5,520 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LAND | 2000-01-12 | 222,006 | L | 0 | 0 | 0 | |||
| FENCING | 2000-03-15 | 21,473 | 21,470 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LOADER | 2000-06-15 | 7,100 | 7,100 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WATER AND FEED PADS | 2000-06-15 | 2,272 | 2,272 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WATER SYSTEM | 2000-06-15 | 16,727 | 16,727 | SL | 10.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2000-08-01 | 27,250 | 27,250 | SL | 10.000000000000 | 0 | 0 | 0 | |
| BULL | 2001-03-19 | 2,100 | 2,100 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FENCE RELOCATION | 2001-02-08 | 4,226 | 4,226 | SL | 10.000000000000 | 0 | 0 | 0 | |
| HEAT DETECTOR | 2001-03-08 | 6,304 | 6,300 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FENCING | 2001-08-13 | 2,895 | 2,895 | SL | 10.000000000000 | 0 | 0 | 0 | |
| DIESEL TANK | 2001-05-29 | 485 | 485 | SL | 10.000000000000 | 0 | 0 | 0 | |
| NEW SIGN | 2003-09-30 | 950 | 950 | SL | 10.000000000000 | 0 | 0 | 0 | |
| CATTLE SCALES | 2004-01-05 | 1,295 | 1,295 | SL | 10.000000000000 | 0 | 0 | 0 | |
| WYE ANGUS BULL ANDERSON IN-LINE HAT | 2005-04-01 | 3,451 | 3,451 | SL | 10.000000000000 | 0 | 0 | 0 | |
| NEW FENCE | 2005-05-01 | 7,765 | 7,765 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FEED PADS | 2005-11-01 | 2,136 | 2,136 | SL | 10.000000000000 | 0 | 0 | 0 | |
| 1790 TAVERN/TOLL HOUSE | 2005-02-12 | 17,389 | 8,730 | SL | 39.000000000000 | 446 | 0 | 446 | |
| 1790 TAVERN/TOLL HOUSE - ADD'L | 2007-01-01 | 228,478 | 93,610 | SL | 39.000000000000 | 5,858 | 0 | 5,858 | |
| NEW FENCE (ACROSS RT 85) | 2007-01-01 | 2,625 | 2,625 | SL | 10.000000000000 | 0 | 0 | 0 | |
| BULL | 2007-03-01 | 3,000 | 3,000 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FARM HOUSE IMPROVEMENTS | 2007-10-01 | 10,374 | 5,749 | SL | 27.500000000000 | 377 | 0 | 377 | |
| 2005 FORD F-250 PICKUP | 2007-11-01 | 24,346 | 24,346 | SL | 5.000000000000 | 0 | 0 | 0 | |
| ADDITION TO TOLLHOUSE ASSET #55 | 2007-01-01 | 36,195 | 14,848 | SL | 39.000000000000 | 928 | 0 | 928 | |
| WYE ANGUS BULL | 2009-04-01 | 3,553 | 3,553 | SL | 10.000000000000 | 0 | 0 | 0 | |
| DELL INSPIRON LAPTOP1546 & PRINTER V313W | 2010-06-01 | 801 | 801 | SL | 5.000000000000 | 0 | 0 | 0 | |
| HAY FEEDERS | 2010-09-01 | 3,571 | 3,568 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FEATHERLITE MODEL 8117 STOCK TRAILER | 2012-08-01 | 13,469 | 13,469 | SL | 10.000000000000 | 0 | 0 | 0 | |
| BARN IMPROVEMENTS | 2012-11-01 | 71,590 | 36,397 | SL | 20.000000000000 | 3,580 | 0 | 3,580 | |
| LAND | 2012-12-01 | 538,234 | L | 0 | 0 | 0 | |||
| HAY WAGON | 2013-02-01 | 2,200 | 2,182 | SL | 10.000000000000 | 18 | 0 | 18 | |
| 2007 ISUZU 14' REFRIGERATED VAN | 2013-05-01 | 25,700 | 25,700 | SL | 5.000000000000 | 0 | 0 | 0 | |
| 2004 TOYOTA TUNDRA 4X4 PICKUP | 2014-07-01 | 3,000 | 3,000 | SL | 5.000000000000 | 0 | 0 | 0 | |
| NEW MOWER | 2014-07-01 | 13,150 | 11,178 | SL | 10.000000000000 | 1,315 | 0 | 1,315 | |
| FACILITY IMPROVEMENTS (REST. BURIAL PLOT) | 2014-10-01 | 35,000 | 10,502 | SL | 27.500000000000 | 1,273 | 0 | 1,273 | |
| VERMEER HAY RAKE | 2015-04-01 | 7,150 | 5,541 | SL | 10.000000000000 | 715 | 0 | 715 | |
| NEW BARN BUILDING | 2015-10-01 | 128,543 | 24,721 | SL | 39.000000000000 | 3,296 | 0 | 3,296 | |
| 2016 TYM MODEL T1054 TRACTOR | 2016-02-01 | 44,600 | 30,848 | SL | 10.000000000000 | 4,460 | 0 | 4,460 | |
| 2017 EX MARK MOWER | 2017-03-01 | 8,999 | 5,250 | SL | 10.000000000000 | 900 | 0 | 900 | |
| RENTAL HOUSE IMPROVEMENTS | 2017-08-01 | 12,900 | 2,540 | SL | 27.500000000000 | 469 | 0 | 469 | |
| LANE REPAVING | 2017-12-01 | 27,995 | 14,233 | SL | 10.000000000000 | 2,800 | 0 | 2,800 | |
| ANDERSON IN-LINE HAY WRAPPER | 2018-03-01 | 18,000 | 8,700 | SL | 10.000000000000 | 1,800 | 0 | 1,800 | |
| WYE ANGUS BULL #11089 | 2018-04-01 | 2,849 | 1,354 | SL | 10.000000000000 | 285 | 0 | 285 | |
| FEEDING & CONTAINMENT STRUCTURE | 2018-05-01 | 40,761 | 4,938 | SL | 39.000000000000 | 1,045 | 0 | 1,045 | |
| BOBCAT GRAPPLE BUCKET | 2018-05-01 | 1,048 | 256 | SL | 39.000000000000 | 27 | 0 | 27 | |
| 2019 KAWASAKI MULE 4010 | 2018-10-01 | 9,879 | 4,199 | SL | 10.000000000000 | 988 | 0 | 988 | |
| KUBOTA SKIDSTEER MODEL KT5502 W/ BUCKET | 2019-03-01 | 31,271 | 11,726 | SL | 10.000000000000 | 3,127 | 0 | 3,127 | |
| WYE ANGUS NEW BULL - HALF INTEREST | 2019-04-01 | 1,272 | 476 | SL | 10.000000000000 | 127 | 0 | 127 | |
| 2016 KRONE KW 552 TEDDER | 2019-04-01 | 8,600 | 3,225 | SL | 10.000000000000 | 860 | 0 | 860 | |
| RENTAL HOUSE IMPROVEMENTS | 2020-03-20 | 20,726 | 2,073 | SL | 27.500000000000 | 754 | 0 | 754 | |
| 2020 TYM MODEL T1054 TRACTOR | 2020-09-20 | 49,000 | 11,025 | SL | 10.000000000000 | 4,900 | 0 | 4,900 | |
| 2022 XUV835M NO CAB | 2022-06-01 | 13,000 | 758 | SL | 10.000000000000 | 1,300 | 0 | 1,300 | |
| RAM 1500 | 2022-06-08 | 33,000 | 3,850 | SL | 5.000000000000 | 6,600 | 0 | 6,600 | |
| BUSHEL MANURE SPREADER | 2022-08-05 | 19,250 | 802 | SL | 10.000000000000 | 1,925 | 0 | 1,925 | |
| CATTLE | 2022-06-01 | 2,754 | 161 | SL | 10.000000000000 | 275 | 0 | 275 | |
| FARM MANAGER HOUSE IMPROVEMENTS | 2023-01-01 | 28,648 | SL | 27.500000000000 | 1,042 | 0 | 1,042 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 2007 ISUZU 14' REFRIGERATED VAN | PURCHASED | 5,000 | 27,500 | COST | 0 | 5,000 | 27,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS | FMV | 2,204,793 | 2,580,582 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 1,300,000 | 0 | 1,300,000 | |
| EQUIPMENT | 70,910 | 70,910 | 0 | |
| EQUIPMENT FEEDING & WATERING | 7,100 | 7,100 | 0 | |
| EQUIPMENT | 44,766 | 44,766 | 0 | |
| FENCING | 10,299 | 10,299 | 0 | |
| IMPROVEMENTS FEEDING & WATERING | 4,984 | 4,980 | 4 | |
| FARM HOUSE | 97,180 | 97,180 | 0 | |
| FENCING | 7,852 | 7,852 | 0 | |
| HANDLING AREA & CORRAL | 8,902 | 8,902 | 0 | |
| HOUSE DECK | 1,710 | 1,710 | 0 | |
| REPAVE BARNYARD | 8,887 | 8,887 | 0 | |
| BARN FLOORING | 750 | 750 | 0 | |
| EQUIPMENT | 5,523 | 5,520 | 3 | |
| LAND | 222,006 | 0 | 222,006 | |
| FENCING | 21,473 | 21,470 | 3 | |
| LOADER | 7,100 | 7,100 | 0 | |
| WATER AND FEED PADS | 2,272 | 2,272 | 0 | |
| WATER SYSTEM | 16,727 | 16,727 | 0 | |
| EQUIPMENT | 27,250 | 27,250 | 0 | |
| BULL | 2,100 | 2,100 | 0 | |
| FENCE RELOCATION | 4,226 | 4,226 | 0 | |
| HEAT DETECTOR | 6,304 | 6,300 | 4 | |
| FENCING | 2,895 | 2,895 | 0 | |
| DIESEL TANK | 485 | 485 | 0 | |
| NEW SIGN | 950 | 950 | 0 | |
| CATTLE SCALES | 1,295 | 1,295 | 0 | |
| WYE ANGUS BULL ANDERSON IN-LINE HAT | 3,451 | 3,451 | 0 | |
| NEW FENCE | 7,765 | 7,765 | 0 | |
| FEED PADS | 2,136 | 2,136 | 0 | |
| 1790 TAVERN/TOLL HOUSE | 17,389 | 9,176 | 8,213 | |
| 1790 TAVERN/TOLL HOUSE - ADD'L | 228,478 | 99,468 | 129,010 | |
| NEW FENCE (ACROSS RT 85) | 2,625 | 2,625 | 0 | |
| BULL | 3,000 | 3,000 | 0 | |
| FARM HOUSE IMPROVEMENTS | 10,374 | 6,126 | 4,248 | |
| 2005 FORD F-250 PICKUP | 24,346 | 24,346 | 0 | |
| ADDITION TO TOLLHOUSE ASSET #55 | 36,195 | 15,776 | 20,419 | |
| WYE ANGUS BULL | 3,553 | 3,553 | 0 | |
| DELL INSPIRON LAPTOP1546 & PRINTER V313W | 801 | 801 | 0 | |
| HAY FEEDERS | 3,571 | 3,568 | 3 | |
| FEATHERLITE MODEL 8117 STOCK TRAILER | 13,469 | 13,469 | 0 | |
| BARN IMPROVEMENTS | 71,590 | 39,977 | 31,613 | |
| LAND | 538,234 | 0 | 538,234 | |
| HAY WAGON | 2,200 | 2,200 | 0 | |
| 2004 TOYOTA TUNDRA 4X4 PICKUP | 3,000 | 3,000 | 0 | |
| NEW MOWER | 13,150 | 12,493 | 657 | |
| FACILITY IMPROVEMENTS (REST. BURIAL PLOT) | 35,000 | 11,775 | 23,225 | |
| VERMEER HAY RAKE | 7,150 | 6,256 | 894 | |
| NEW BARN BUILDING | 128,543 | 28,017 | 100,526 | |
| 2016 TYM MODEL T1054 TRACTOR | 44,600 | 35,308 | 9,292 | |
| 2017 EX MARK MOWER | 8,999 | 6,150 | 2,849 | |
| RENTAL HOUSE IMPROVEMENTS | 12,900 | 3,009 | 9,891 | |
| LANE REPAVING | 27,995 | 17,033 | 10,962 | |
| ANDERSON IN-LINE HAY WRAPPER | 18,000 | 10,500 | 7,500 | |
| WYE ANGUS BULL #11089 | 2,849 | 1,639 | 1,210 | |
| FEEDING & CONTAINMENT STRUCTURE | 40,761 | 5,983 | 34,778 | |
| BOBCAT GRAPPLE BUCKET | 1,048 | 283 | 765 | |
| 2019 KAWASAKI MULE 4010 | 9,879 | 5,187 | 4,692 | |
| KUBOTA SKIDSTEER MODEL KT5502 W/ BUCKET | 31,271 | 14,853 | 16,418 | |
| WYE ANGUS NEW BULL - HALF INTEREST | 1,272 | 603 | 669 | |
| 2016 KRONE KW 552 TEDDER | 8,600 | 4,085 | 4,515 | |
| RENTAL HOUSE IMPROVEMENTS | 20,726 | 2,827 | 17,899 | |
| 2020 TYM MODEL T1054 TRACTOR | 49,000 | 15,925 | 33,075 | |
| 2022 XUV835M NO CAB | 13,000 | 2,058 | 10,942 | |
| RAM 1500 | 33,000 | 10,450 | 22,550 | |
| BUSHEL MANURE SPREADER | 19,250 | 2,727 | 16,523 | |
| CATTLE | 2,754 | 436 | 2,318 | |
| FARM MANAGER HOUSE IMPROVEMENTS | 28,648 | 1,042 | 27,606 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GASOLINE AND DIESEL FUEL | 10,770 | 0 | 0 | 10,770 |
| INSURANCE | 13,411 | 0 | 13,411 | 0 |
| MEMBERSHIPS | 239 | 0 | 239 | 0 |
| REPAIRS & MAINTENANCE | 18,473 | 0 | 0 | 18,473 |
| HIRED LABOR | 154 | 0 | 0 | 154 |
| FACILITIES UPKEEP & REPAIR | 1,265 | 0 | 0 | 1,265 |
| MANAGER HOUSE MAINTENANCE | 9,293 | 0 | 0 | 9,293 |
| WATER SYSTEM | 5,358 | 0 | 0 | 5,358 |
| SUPPLIES | 629 | 0 | 0 | 629 |
| HIRED MANAGEMENT | 128,076 | 0 | 128,076 | 0 |
| EQUIPMENT RENTAL | 1,317 | 0 | 1,317 | 0 |
| TELEPHONE & UTILITIES | 1,326 | 0 | 0 | 1,326 |
| OTHER EQUIPMENT | 150 | 0 | 150 | 0 |
| MISCELLANEOUS LABOR | 0 | 0 | 0 | 0 |
| CREDIT CARD CHARGES | 2,724 | 0 | 2,724 | 0 |
| INTERNET | 0 | 0 | 0 | 0 |
| SHIPPING | 0 | 0 | 0 | 0 |
| MISCELLANEOUS | 4,757 | 0 | 4,757 | 0 |
| Name | Address |
|---|---|
| JOHN S JORGENSEN |
34790 NORTH INDIAN CAMP TRAIL SCOTTSDALE,AZ85266 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 3,500 | 0 | 3,500 | 0 |
| REAL ESTATE TAXES | 0 | 0 | 0 | 0 |
| FOREIGN TAX ON DIVIDENDS | 238 | 238 | 0 | 0 |
| REAL ESTATE TAXES | 4,305 | 4,305 | 4,305 | 0 |