| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4 FERRY BOAT | 2016-06-30 | 91,000 | 50,696 | 150 DB HY | 0000000015.000000000000 | 5,378 | 5,378 | 5,378 | |
| 5 FERRY BOAT | 2017-06-30 | 23,700 | 11,805 | 150 DB HY | 0000000015.000000000000 | 1,398 | 1,398 | 1,398 | |
| APARTMENT BUILDING LA | 1993-12-07 | 124,000 | 117,243 | SL MM | 2750.0000000000 % | ||||
| RENOVATIONS 2023 | 2023-12-27 | 10,000 | 333 | SL HY | 0000000015.000000000000 | 667 | 667 | 667 | |
| RENOVATIONS 2024 | 2024-12-31 | 68,528 | SL HY | 0000000015.000000000000 | 2,282 | 2,282 | 2,282 | ||
| APARTMENT LAND - LA | 1993-12-07 | 0000126000.000000000000 | |||||||
| COMPUTER | 2006-01-01 | 1,300 | 1,300 | 200 DB HY | 0000000005.000000000000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 376,000 | 189,269 | 186,731 | |
| RENOVATIONS 2024 | 68,528 | 1,835 | 66,693 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSITS | 1,440 | 1,440 | |
| INDIA ASSET | 68,000 | 68,000 | |
| LOANS TO OFFICERS | 550 | 550 | |
| CONDITIONAL FUND DONATED TO INDIA | 110,000 | ||
| PETTY CASH | 1,000 | 1,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CORPORATE FILING | 70 | 70 | 70 | |
| CONTRACT LABOR | 1,950 | 1,950 | 1,950 | |
| BUSINESS LIABILITY INSURANCE | 6,452 | 6,452 | 6,452 | |
| OFFICE EXPENSES | 6,547 | 6,547 | 6,547 | |
| RENTAL PROPERTY EXPENSES AND REPAIRS | 26,037 | 26,037 | 26,037 | |
| UTILITIES | 1,886 | 1,886 | 1,886 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD | 1,496 |