| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Building | 2023-01-01 | 62,000 | 1,524 | SL | 39.000000000000 | 1,590 | 0 | 1,590 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Building | 62,000 | 3,114 | 58,886 | 58,886 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Mowing | 300 | 0 | 0 | 0 |
| Labor | 350 | 0 | 0 | 0 |
| Flags | 600 | 0 | 0 | 0 |
| Tree maintenance | 15,600 | 0 | 0 | 0 |