| 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 | 2022-08-19 | 60,000 | L | 0 | 0 | 0 | |||
| Retreat House | 2022-08-19 | 75,000 | 1,000 | SL | 25.000000000000 | 3,000 | 0 | 3,000 | |
| Bunk House | 2022-08-19 | 10,000 | 133 | SL | 25.000000000000 | 400 | 0 | 400 | |
| Kitchen | 2022-08-19 | 10,000 | 133 | SL | 25.000000000000 | 400 | 0 | 400 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 60,000 | 0 | 60,000 | 60,000 |
| Retreat House | 75,000 | 4,000 | 71,000 | 71,000 |
| Bunk House | 10,000 | 533 | 9,467 | 9,467 |
| Kitchen | 10,000 | 533 | 9,467 | 9,467 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal | 797 | 0 | 0 | 797 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Supplies/Repairs | 25,274 | 0 | 0 | 25,822 |
| Other | 46 | 0 | 0 | 46 |