| 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 |
|---|---|---|---|---|---|---|---|---|---|
| AG INDUSTRIAL FIELD SEEDER | 2023-05-09 | 11,900 | 1,133 | SL | 7.000000000000 | 1,700 | 0 | 1,700 | |
| AG INDUSTRIAL FIELD SPRAYER | 2023-04-07 | 2,895 | 310 | SL | 7.000000000000 | 414 | 0 | 414 | |
| FENCE | 2024-08-04 | 59,733 | SL | 15.000000000000 | 1,659 | 0 | 1,659 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| AG INDUSTRIAL FIELD SEEDER | 11,900 | 2,833 | 9,067 | 9,067 |
| AG INDUSTRIAL FIELD SPRAYER | 2,895 | 724 | 2,171 | 2,171 |
| FENCE | 59,733 | 1,659 | 58,074 | 58,074 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL/ACCOUNTING FEES | 3,357 | 0 | 0 | 3,357 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VETERINARY EXPENSES | 813 | 0 | 0 | 813 |
| FEED AND SUPPLIES | 1,350 | 0 | 0 | 1,350 |
| REPAIRS AND MAINTENANCE | 8,227 | 0 | 0 | 8,227 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE FEES/TAXES | 25 | 0 | 0 | 25 |