| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SCHOOL HOUSE BUILDING | 2021-05-13 | 70,000 | 4,787 | SL | 39 | 1,795 | 0 | 0 | |
| IMPROVEMENTS G&R CONSTRUCTION | 2023-05-11 | 21,596 | 346 | SL | 39 | 554 | 0 | 0 | |
| LAND - LOTS 258 AND 259 | 2023-04-06 | 20,000 | 0 | NDA | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 86463L HOUSE BUILDING | 91,596 | 7,482 | 84,114 | 0 |
| 20000- LOTS 258 AND 259 | 20,000 | 0 | 20,000 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,882 | 0 | 0 | 1,882 |
| MERCHANT PROCESSING FEES | 443 | 0 | 0 | 443 |
| REPAIRS & MAINTENANCE | 2,561 | 0 | 0 | 2,561 |
| SOFTWARE | 878 | 0 | 0 | 0 |
| SUPPLIES | 48 | 0 | 0 | 48 |
| BANK FEES | 30 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,120 | 0 | 0 | 1,120 |
| Name | Address |
|---|---|
|
OZELL C FREEMAN JR & SR |
3114 BELLEMEADE DR AUGUSTA,GA30906 |
|
DAVID SHIPLEY |
5812 SAMOA CL SE MABLETON,GA30126 |