| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Warehouse | 2014-12-01 | 962,172 | 877,982 | SL | 10.000000000000 | 84,190 | |||
| Fencing-Warehouse | 2014-12-01 | 19,216 | 19,216 | SL | 7.000000000000 | 0 | |||
| 2 Commercial Warehouses | 2014-01-01 | 344,870 | 227,058 | SL | 15.000000000000 | 22,988 | |||
| 1 Commercial Warehouse | 2014-01-01 | 177,660 | 116,968 | SL | 15.000000000000 | 11,842 | |||
| Fencing-Dakota Property | 2018-06-18 | 33,212 | 12,176 | SL | 15.000000000000 | 2,214 | |||
| 7.77 acres-925 Industrial | 2013-12-16 | 95,000 | 0 | N/A | 0.000000000000 | 0 | |||
| Farm Land | 1991-07-24 | 956,213 | 0 | N/A | 0.000000000000 | 0 | |||
| Grapple Attachment | 2017-09-08 | 13,685 | 12,708 | SL | 7.000000000000 | 977 | |||
| 2021 Western Star | 2019-12-30 | 243,875 | 0 | 200DB | 5.000000000000 | 0 | |||
| Equipment | 2021-12-21 | 24,800 | 12,599 | 200DB | 7.000000000000 | 3,486 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Inv-Sconyers Gin | 4,299,200 | 4,159,600 | 812,373 |
| Net Intangible Assets | 15,022 | 7,539 | 7,539 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Charges | 80 | 80 | 80 | |
| Insurance | 4,365 | 4,365 | 4,365 | |
| Rental Expenses | 12,396 | 12,396 | 12,396 | |
| Scholarship Banquet | 2,425 | 2,425 | 2,425 | |
| Gifts | 516 | 516 | 516 | |
| Amortization | 7,483 | 7,483 | 7,483 | |
| Advertising | 600 | 600 | 600 | |
| Dues and Subscriptions | 50 | 50 | 50 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Accrual to Cash Adjustment | 15,260 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Accrued Interest Payable | 3,892 | 2,975 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Account | 224 | 224 | 224 | |
| Property Taxes | 44,724 | 44,724 | 44,724 | |
| Income Taxes | 5,450 | 5,450 | 5,450 |