| 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 |
|---|---|---|---|---|---|---|---|---|---|
| House | 2000-01-01 | 50,000 | 43,963 | SL | 3.64 % | 1,818 | 1,818 | ||
| Beverly Court Lot 1 Trailer | 2023-09-29 | 10,000 | 106 | SL | 3.64 % | 364 | 364 | ||
| Beverly Court Lot 10 - Trailer | 2023-05-31 | 19,386 | 441 | SL | 3.64 % | 705 | 705 | ||
| Beverly Court Lot - Trailer | 2023-05-31 | 16,464 | 374 | SL | 3.64 % | 599 | 599 | ||
| Beverly Court Lot - Trailer | 2023-05-31 | 24,233 | 551 | SL | 3.64 % | 881 | 881 | ||
| Beverly Court Lot 3 - Trailer | 2023-05-31 | 9,670 | 220 | SL | 3.64 % | 352 | 352 | ||
| Beverly Court Lot 4 - Trailer | 2023-10-05 | 33,591 | 255 | SL | 3.64 % | 1,221 | 1,221 | ||
| Beverly Court Lot 7 - Trailer | 2023-05-31 | 16,091 | 366 | SL | 3.64 % | 585 | 585 | ||
| Beverly Court Lot 8 - Trailer | 2023-05-31 | 20,356 | 463 | SL | 3.64 % | 740 | 740 | ||
| Beverly Court Lot 9 - Trailer | 2023-05-31 | 13,861 | 315 | SL | 3.64 % | 504 | 504 | ||
| Dump Trailer | 2023-07-05 | 9,203 | 657 | SL | 14.29 % | 1,315 | 1,315 | ||
| 190 S Kimble - House | 2023-05-31 | 113,111 | 2,571 | SL | 3.64 % | 4,113 | 4,113 | ||
| 200 S Kimble - House | 2023-05-31 | 145,000 | 3,296 | SL | 3.64 % | 5,272 | 5,272 | ||
| Kimble Lot 10 - Trailer | 2023-05-31 | 11,353 | 258 | SL | 3.64 % | 413 | 413 | ||
| Kimble Lot 11 - Trailer | 2023-05-31 | 11,353 | 258 | SL | 3.64 % | 413 | 413 | ||
| Kimble Lot 12 - Trailer | 2023-05-31 | 7,671 | 174 | SL | 3.64 % | 279 | 279 | ||
| Kimlbe Lot 13 - Trailer | 2023-05-31 | 11,353 | 258 | SL | 3.64 % | 413 | 413 | ||
| Kimble Lot 14 - Trailer | 2023-05-31 | 11,813 | 269 | SL | 3.64 % | 430 | 430 | ||
| Kimble Lot 15 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 16 - Trailer | 2023-05-31 | 11,046 | 251 | SL | 3.64 % | 402 | 402 | ||
| Kimble Lot 17 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 18 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 19 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 2 - Trailer | 2023-05-31 | 11,046 | 251 | SL | 3.64 % | 402 | 402 | ||
| Kimble Lot 20 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 21 - Trailer | 2023-05-31 | 25,301 | 575 | SL | 3.64 % | 920 | 920 | ||
| Kimble Lot 22 - Trailer | 2023-05-31 | 7,318 | 166 | SL | 3.64 % | 266 | 266 | ||
| Kimble Lot 23 - Trailer | 2023-05-31 | 29,270 | 665 | SL | 3.64 % | 1,064 | 1,064 | ||
| Kimble Lot 3 - Trailer | 2023-05-31 | 11,353 | 258 | SL | 3.64 % | 413 | 413 | ||
| Kimble Lot 4 - Trailer | 2023-05-31 | 12,426 | 282 | SL | 3.64 % | 452 | 452 | ||
| Kimble Lot 5 - Trailer | 2023-05-31 | 12,426 | 282 | SL | 3.64 % | 452 | 452 | ||
| Kimble Lot 6 - Trailer | 2023-05-31 | 11,199 | 255 | SL | 3.64 % | 407 | 407 | ||
| Kimble Lot 7 - Trailer | 2023-05-31 | 7,671 | 174 | SL | 3.64 % | 279 | 279 | ||
| Kimble Lot 8 - Trailer | 2023-05-31 | 11,966 | 272 | SL | 3.64 % | 435 | 435 | ||
| Kimble Lot 9 - Trailer | 2023-05-31 | 11,353 | 258 | SL | 3.64 % | 413 | 413 | ||
| Lamplighter Lot 9 - Trailer | 2023-11-03 | 2,000 | 9 | SL | 3.64 % | 73 | 73 | ||
| Lamplighter Lot 1 - Trailer | 2023-05-31 | 31,809 | 723 | SL | 3.64 % | 1,157 | 1,157 | ||
| Lamplighter Lot 10 - Trailer | 2023-05-31 | 28,181 | 641 | SL | 3.64 % | 1,025 | 1,025 | ||
| Lamplighter Lot 11 - Trailer | 2023-05-31 | 11,369 | 258 | SL | 3.64 % | 413 | 413 | ||
| Lamplighter Lot 14 - Trailer | 2023-05-31 | 39,913 | 907 | SL | 3.64 % | 1,451 | 1,451 | ||
| Lamplighter Lot 15 - Trailer | 2023-10-02 | 41,833 | 317 | SL | 3.64 % | 1,521 | 1,521 | ||
| Lamplighter Lot 17 - Trailer | 2023-05-31 | 7,257 | 165 | SL | 3.64 % | 264 | 264 | ||
| Lamplighter Lot 18 - Trailer | 2023-05-31 | 6,410 | 146 | SL | 3.64 % | 233 | 233 | ||
| Lamplighter Lot 20 - Trailer | 2023-05-31 | 6,047 | 137 | SL | 3.64 % | 220 | 220 | ||
| Lamplighter Lot 21 - Trailer | 2023-05-31 | 31,567 | 718 | SL | 3.64 % | 1,148 | 1,148 | ||
| Lamplighter Lot 24 - Trailer | 2023-05-31 | 28,665 | 652 | SL | 3.64 % | 1,042 | 1,042 | ||
| Lamplighter Lot 25 - Trailer | 2023-05-31 | 11,853 | 269 | SL | 3.64 % | 431 | 431 | ||
| Lamplighter Lot 26 - Trailer | 2023-05-31 | 37,131 | 844 | SL | 3.64 % | 1,350 | 1,350 | ||
| Lamplighter Lot 27 - Trailer | 2023-05-31 | 11,974 | 272 | SL | 3.64 % | 435 | 435 | ||
| Lamplighter Lot 3 - Trailer | 2023-05-31 | 8,829 | 201 | SL | 3.64 % | 321 | 321 | ||
| Lamplighter Lot 31 - Trailer | 2023-05-31 | 9,555 | 217 | SL | 3.64 % | 347 | 347 | ||
| Lamplighter Lot 33 - Trailer | 2023-05-31 | 9,676 | 220 | SL | 3.64 % | 352 | 352 | ||
| Lamplighter Lot 37 - Trailer | 2023-05-31 | 7,862 | 179 | SL | 3.64 % | 286 | 286 | ||
| Lamplighter Lot 38 - Trailer | 2023-05-31 | 25,762 | 586 | SL | 3.64 % | 937 | 937 | ||
| Lamplighter Lot 39 - Trailer | 2023-05-31 | 6,410 | 146 | SL | 3.64 % | 233 | 233 | ||
| Lamplighter Lot 40 - Trailer | 2023-05-31 | 8,466 | 192 | SL | 3.64 % | 308 | 308 | ||
| Lamplighter Lot 41 - Trailer | 2023-05-31 | 6,531 | 148 | SL | 3.64 % | 237 | 237 | ||
| Lamplighter Lot 42 - Trailer | 2023-05-31 | 7,620 | 173 | SL | 3.64 % | 277 | 277 | ||
| Lamplighter Lot 43 - Trailer | 2023-05-31 | 30,237 | 687 | SL | 3.64 % | 1,099 | 1,099 | ||
| Lamplighter Lot 44 - Trailer | 2023-05-31 | 21,529 | 489 | SL | 3.64 % | 783 | 783 | ||
| Lamplighter Lot 45 - Trailer | 2023-05-31 | 7,015 | 159 | SL | 3.64 % | 255 | 255 | ||
| Lamplighter Lot 47 - Trailer | 2023-05-31 | 23,706 | 539 | SL | 3.64 % | 862 | 862 | ||
| Lamplighter Lot 49 - Trailer | 2023-05-31 | 24,311 | 553 | SL | 3.64 % | 884 | 884 | ||
| Lamplighter Lot 50 - Trailer | 2023-05-31 | 28,060 | 638 | SL | 3.64 % | 1,020 | 1,020 | ||
| Lamplighter Lot 52 - Trailer | 2023-05-31 | 7,741 | 176 | SL | 3.64 % | 281 | 281 | ||
| Lamplighter Lot 54 - Trailer | 2023-05-31 | 23,101 | 525 | SL | 3.64 % | 840 | 840 | ||
| Lamplighter Lot 55 - Trailer | 2023-10-02 | 33,591 | 255 | SL | 3.64 % | 1,221 | 1,221 | ||
| Lamplighter Lot 56 - Trailer | 2023-05-31 | 33,140 | 753 | SL | 3.64 % | 1,205 | 1,205 | ||
| Lamplighter Lot 57 - Trailer | 2023-05-31 | 31,688 | 720 | SL | 3.64 % | 1,152 | 1,152 | ||
| Lamplighter Lot 58 - Trailer | 2023-05-31 | 31,567 | 718 | SL | 3.64 % | 1,148 | 1,148 | ||
| Lamplighter Lot 59 - Trailer | 2023-05-31 | 8,950 | 203 | SL | 3.64 % | 325 | 325 | ||
| Lamplighter Lot 6 | 2023-05-31 | 28,544 | 649 | SL | 3.64 % | 1,038 | 1,038 | ||
| Lamplighter Lot 60 - Trailer | 2023-05-31 | 31,688 | 720 | SL | 3.64 % | 1,152 | 1,152 | ||
| Lamplighter Lot 62 - Trailer | 2023-05-31 | 8,466 | 192 | SL | 3.64 % | 308 | 308 | ||
| Lamplighter Lot 63 - Trailer | 2023-05-31 | 9,676 | 220 | SL | 3.64 % | 352 | 352 | ||
| Lamplighter Lot 64 | 2023-05-31 | 7,136 | 162 | SL | 3.64 % | 259 | 259 | ||
| Lamplighter Lot 65 | 2023-05-31 | 25,762 | 586 | SL | 3.64 % | 937 | 937 | ||
| Lamplighter Lot 66 - Trailer | 2023-05-31 | 8,950 | 203 | SL | 3.64 % | 325 | 325 | ||
| Lamplighter Lot 67 - Trailer | 2023-10-05 | 33,591 | 255 | SL | 3.64 % | 1,221 | 1,221 | ||
| Lamplighter Lot 68 - Trailer | 2023-05-31 | 6,047 | 137 | SL | 3.64 % | 220 | 220 | ||
| Lamplighter Lot 7 - Trailer | 2023-05-31 | 23,101 | 525 | SL | 3.64 % | 840 | 840 | ||
| Lamplighter Lot 70 - Trailer | 2023-05-31 | 28,423 | 646 | SL | 3.64 % | 1,033 | 1,033 | ||
| Lamplighter Lot 71 - Trailer | 2023-05-31 | 40,276 | 915 | SL | 3.64 % | 1,464 | 1,464 | ||
| Lamplighter Lot 72 - Trailer | 2023-05-31 | 9,071 | 206 | SL | 3.64 % | 330 | 330 | ||
| Lamplighter Lot 73 - Trailer | 2023-05-31 | 8,104 | 184 | SL | 3.64 % | 295 | 295 | ||
| Lamplighter Lot 8 - Trailer | 2023-05-31 | 6,047 | 137 | SL | 3.64 % | 220 | 220 | ||
| Liberty - Building | 2023-05-31 | 4,326,806 | 69,445 | SL | 2.56 % | 110,939 | 110,939 | ||
| 1131 N Air Dr | 2023-05-31 | 550,000 | 8,827 | SL | 2.56 % | 14,102 | 14,102 | ||
| 1928 S Arlington Rd 2 bldgs | 2023-05-31 | 500,000 | 8,025 | SL | 2.56 % | 12,820 | 12,820 | ||
| 2500 W 3rd St | 2023-05-31 | 400,000 | 6,420 | SL | 2.56 % | 10,256 | 10,256 | ||
| 2505 W 3rd St 4 bldgs | 2023-05-31 | 750,000 | 12,037 | SL | 2.56 % | 19,230 | 19,230 | ||
| 2511 W 3rd St | 2023-05-31 | 800,000 | 12,840 | SL | 2.56 % | 20,512 | 20,512 | ||
| 2513 W 3rd St | 2023-05-31 | 270,000 | 4,333 | SL | 2.56 % | 6,923 | 6,923 | ||
| 2521 W 3rd St | 2023-05-31 | 180,000 | 2,889 | SL | 2.56 % | 4,615 | 4,615 | ||
| 316 S Cory Lane | 2023-05-31 | 175,000 | 3,978 | SL | 3.64 % | 6,363 | 6,363 | ||
| 3750 W 3rd St | 2023-05-31 | 2,100,000 | 33,705 | SL | 2.56 % | 53,844 | 53,844 | ||
| 3800 W 3rd St | 2023-05-31 | 1,975,000 | 31,699 | SL | 2.56 % | 50,639 | 50,639 | ||
| 4800 S Old St Rd 37 10 duplexes | 2023-05-31 | 625,000 | 14,206 | SL | 3.64 % | 22,725 | 22,725 | ||
| Smith Pike Crossing | 2023-05-31 | 5,363,320 | 86,081 | SL | 2.56 % | 137,516 | 137,516 | ||
| Trailer - Lot 11 | 2024-05-13 | 6,000 | SL | 2.27 % | 136 | 136 | |||
| Toro Z Master 7000 ZTR lawn mower | 2024-11-19 | 7,389 | 200DB | 3.57 % | 264 | 264 | |||
| 2020 Toyota Tacoma | 2024-07-12 | 21,793 | 200DB | 15.00 % | 3,269 | 3,269 | |||
| Mack Truck | 2024-08-29 | 7,500 | 200DB | 15.00 % | 1,125 | 1,125 | |||
| 2014 Ford F250 flatbed truck | 2024-11-19 | 12,650 | 200DB | 5.00 % | 633 | 633 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 41,943 | 5,000 | 36,943 | 41,943 |
| Machinery and Equipment | 16,593 | 5,000 | 11,593 | 16,593 |
| Buildings | 20,303,019 | 562,619 | 19,740,400 | 20,303,019 |
| Land | 6,964,215 | 6,964,215 | 6,964,215 |
| Description | Amount |
|---|---|
| Prior Period Adj | 2,158 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Rental Expenses | 2,847,778 | 2,847,778 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Income | 579 | ||
| Other Investment Income | 18,337 |
| Description | Amount |
|---|---|
| Book/tax depreciation difference | 5,427 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Damage Deposits | 87,884 | 92,953 |
| Payroll Liabilities | 5,043 | 2,418 |