| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Genesis 54" Trailer | 2021-09-28 | 2,250 | 1,013 | SL | 5.000000000000 | 450 | 0 | 0 | |
| Hoyer Lift | 2021-11-15 | 2,967 | 1,285 | SL | 5.000000000000 | 593 | 0 | 0 | |
| RS Venture Connect #1 | 2021-09-28 | 21,500 | 4,838 | SL | 10.000000000000 | 2,150 | 0 | 0 | |
| Catalina Independence 20 | 2023-10-25 | 18,000 | 300 | SL | 10.000000000000 | 1,800 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Genesis 54" Trailer | 2,250 | 1,463 | 787 | |
| Hoyer Lift | 2,967 | 1,878 | 1,089 | |
| RS Venture Connect #1 | 21,500 | 6,988 | 14,512 | |
| Catalina Independence 20 | 18,000 | 2,100 | 15,900 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Boat Expenses | 14,478 | 0 | 0 | 14,478 |
| Boat Parts | 1,334 | 0 | 0 | 1,334 |
| Boat Storage | 3,532 | 0 | 0 | 3,532 |
| Insurance | 4,904 | 0 | 0 | 4,904 |
| Licenses | 43 | 0 | 0 | 43 |
| Marketing | 1,676 | 0 | 0 | 1,676 |
| Membership Fees | 309 | 0 | 0 | 309 |
| Office Expense | 55 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Wendling Noe Nelson & Johnson LLC (Tax Services) | 1,635 | 0 | 0 | 0 |