| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING EXPENSE | 3,675 | 0 | 0 | 3,675 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SINGLE FAMILY RESIDENCE | 2012-12-18 | 85,734 | 34,288 | SL | 27.500000000000 | 3,118 | 0 | 0 | |
| METAL GARAGE (DETACHED) | 2012-12-18 | 5,016 | 2,761 | SL | 20.000000000000 | 251 | 0 | 251 | |
| NEW POLE BARN | 2012-12-18 | 44,300 | 24,365 | SL | 20.000000000000 | 2,215 | 0 | 2,215 | |
| EQUIPMENT BARN | 2012-12-18 | 11,268 | 6,193 | SL | 20.000000000000 | 563 | 0 | 563 | |
| OLD POLE BARN | 2012-12-18 | 2,889 | 1,584 | SL | 20.000000000000 | 144 | 0 | 144 | |
| FENCING, ROADS | 2012-12-18 | 150,476 | 110,407 | SL | 15.000000000000 | 10,032 | 0 | 0 | |
| WELLS, SEPTIC, LAKE, MISC | 2012-12-18 | 100,317 | 73,601 | SL | 15.000000000000 | 6,688 | 0 | 0 | |
| LAND - 368.13 ACRES | 2012-12-18 | 2,600,000 | L | 0 % | 0 | 0 | 0 | ||
| LAND - 666.79 ACRES | 2014-12-31 | 5,000,000 | L | 0 % | 0 | 0 | 0 | ||
| BUILDING | 2014-12-31 | 900,230 | 294,588 | SL | 27.500000000000 | 32,736 | 0 | 32,736 | |
| IMPROVEMENTS | 2014-12-31 | 49,770 | 29,880 | SL | 15.000000000000 | 3,318 | 0 | 3,318 | |
| STREAM IMPROVEMENTS | 2018-05-17 | 91,330 | 33,501 | SL | 15.000000000000 | 6,089 | 0 | 0 | |
| LAND -32.67 ACRES | 2019-04-02 | 163,250 | L | 0 % | 0 | 0 | 0 | ||
| REPLACE/REPAIR 26 WINDOWS + | 2021-04-12 | 15,800 | 8,890 | 200DB | 7.000000000000 | 1,974 | 0 | 2,257 | |
| WELL | 2023-12-16 | 9,500 | 316 | SL | 15.000000000000 | 633 | 0 | 633 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SINGLE FAMILY RESIDENCE | 85,734 | 37,406 | 48,328 | 85,734 |
| METAL GARAGE (DETACHED) | 5,016 | 3,012 | 2,004 | 5,016 |
| NEW POLE BARN | 44,300 | 26,580 | 17,720 | 44,300 |
| EQUIPMENT BARN | 11,268 | 6,756 | 4,512 | 11,268 |
| OLD POLE BARN | 2,889 | 1,728 | 1,161 | 2,889 |
| FENCING, ROADS | 150,476 | 120,439 | 30,037 | 150,476 |
| WELLS, SEPTIC, LAKE, MISC | 100,317 | 80,289 | 20,028 | 100,317 |
| LAND - 368.13 ACRES | 2,600,000 | 0 | 2,600,000 | 2,600,000 |
| LAND - 666.79 ACRES | 5,000,000 | 0 | 5,000,000 | 5,000,000 |
| BUILDING | 900,230 | 327,324 | 572,906 | 900,230 |
| IMPROVEMENTS | 49,770 | 33,198 | 16,572 | 49,770 |
| STREAM IMPROVEMENTS | 91,330 | 39,590 | 51,740 | 91,330 |
| LAND -32.67 ACRES | 163,250 | 0 | 163,250 | 163,250 |
| REPLACE/REPAIR 26 WINDOWS + | 15,800 | 10,864 | 4,936 | 15,800 |
| WELL | 9,500 | 949 | 8,551 | 9,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ROUNDING | 1 | ||
| INTERCOMPANY - JACOBS | 21,501 | 10,896 | 10,896 |
| INTERCOMPANY - RED HORSE | 20,832 | 12,001 | 12,001 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,435 | 0 | 0 | 1,435 |
| BANK SERVICE CHARGES | 757 | 757 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 17,283 | 17,283 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENTS | 2,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 13 | 13 | 0 | 0 |
| FEDERAL EXCISE TAX | 67 | 0 | 0 | 0 |
| PROPERTY TAXES | 20,184 | 0 | 9,188 | 10,996 |