| 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 |
|---|---|---|---|---|---|---|---|---|---|
| JOHN DEERE 300GLC | 2023-04-07 | 178,000 | 26,700 | SL | 500 % | 35,600 | |||
| FECON BH80 | 2023-04-07 | 55,867 | 8,380 | SL | 500 % | 11,173 | |||
| CATERPILLAR TRACK SKID STEER 259D3 | 2023-09-03 | 44,000 | 2,933 | SL | 500 % | 8,800 | |||
| STORAGE BUILDING | 2024-02-22 | 23,805 | 0 | SL | 3900 % | 509 | |||
| BUILDING IMPROVEMENT | 2024-03-25 | 1,149 | 0 | SL | 1500 % | 77 | |||
| Polaris Ranger Crew XD | 2024-02-05 | 54,356 | 0 | SL | 500 % | 9,965 | |||
| John Deere 5095M | 2024-06-20 | 96,526 | 0 | SL | 500 % | 9,653 | |||
| John Deere 540M Loader | 2024-06-20 | 8,983 | 0 | SL | 500 % | 898 | |||
| HD Utility Bucket | 2024-06-20 | 2,320 | 0 | SL | 500 % | 232 | |||
| Fabick Cat Bucket B304 | 2024-03-01 | 3,700 | 0 | SL | 500 % | 617 | |||
| Renegade Mower | 2024-02-07 | 14,202 | 0 | SL | 500 % | 2,604 | |||
| Bobcat Tractor | 2024-10-10 | 35,448 | 0 | SL | 500 % | 1,772 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 1,950,000 | 1,950,000 | 1,950,000 | |
| BUILDINGS | 23,805 | 509 | 23,296 | 23,296 |
| BUILDING IMPROVEMENTS | 1,149 | 77 | 1,072 | 1,072 |
| MACHINERY | 493,402 | 119,327 | 374,075 | 374,075 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 63 | 32 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 2,493 |