| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRACKS FOR 2017 GROOMER | 2023-10-01 | 42,792 | 0 | SL | 7 | 764 | 0 | 0 | |
| BRUSH HOG | 2021-02-17 | 3,994 | 1,070 | SL | 7 | 571 | 0 | 0 | |
| 2017 GROOMER | 2022-04-22 | 145,000 | 13,810 | SL | 7 | 20,714 | 0 | 0 | |
| SHED | 1994-11-30 | 18,769 | 13,515 | SL | 39 | 481 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 191,786 | 36,929 | 154,857 | 154,857 |
| BUILDINGS | 18,769 | 13,996 | 4,773 | 4,773 |
| Item No. | 1 |
|---|---|
| Lender's Name | ATHENS CREDIT UNION |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 0 |
| Balance Due | 49,707 |
| Date of Note | 2023-03 |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | GROOMER |
| Purpose of Loan | GROOMER LOAN REFINANCE-TRACKS |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Item No. | 2 |
|---|---|
| Lender's Name | ATHENS CREDIT UNION |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 105,000 |
| Balance Due | 0 |
| Date of Note | 2022-04 |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | GROOMER |
| Purpose of Loan | NEW GROOMER |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | 1,440 | 0 | 0 | 0 |
| DUES AND SUBSCRIPTIONS | 696 | 0 | 0 | 0 |
| GROOMER FUEL | 1,470 | 0 | 0 | 0 |
| RAFFLE EXP | 870 | 0 | 0 | 0 |
| INSURANCE | 3,855 | 0 | 0 | 0 |
| LAND OWNER RENT | 1,680 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 63 | 0 | 0 | 0 |
| INTEREST EXP | 460 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 130 | 0 | 0 |
| RAFFLES | 4,310 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 766 | 0 | 0 | 0 |