| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2003 MOUNTAINEER | 2016-01-01 | 23,000 | 23,000 | SL | 5 | 0 | 0 | 0 | |
| 2000 DODGE 15 PASSENGER | 2016-01-01 | 500 | 500 | SL | 5 | 0 | 0 | 0 | |
| TRAILER | 2016-01-01 | 750 | 657 | SL | 7 | 0 | 0 | 0 | |
| STORAGE SHED | 2016-01-01 | 4,325 | 3,458 | SL | 10 | 0 | 0 | 0 |
| Dissolution Name | Dissolution Address | Explanation | Dissolution Amount |
|---|---|---|---|
| EARNESTINE CANNADY | THE ASSETS THAT WERE DISTRIBUTED WERE ORIGINALLY DONATED TO THE FOUNDATION BY MRS. CANNADY AND ARE OLD WITH MINIMAL VALUE. | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 960DBUILDING | 28,575 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPINGTAX PREP FEES | 0 | 0 | 0 | 550 |
| STORAGE | 0 | 0 | 0 | 474 |