| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 500 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 78 ACRES FARMLAND, DEWITT | 2003-05-01 | 238,400 | L | 0 | 0 | ||||
| 66 X 144 FARM BUILDING | 2003-12-23 | 51,120 | 51,120 | SL | 20.000000000000 | 0 | 0 | ||
| GRAIN BINS | 2003-05-01 | 7,400 | 7,400 | SL | 20.000000000000 | 0 | 0 | ||
| FARM BUILDING ADDITION | 2004-03-18 | 11,168 | 11,091 | SL | 20.000000000000 | 77 | 77 | ||
| MACHINE SHED & GRAIN BIN WIRING | 2005-04-27 | 2,915 | 2,701 | SL | 20.000000000000 | 146 | 146 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 78 ACRES FARMLAND, DEWITT | 238,400 | 0 | 238,400 | |
| 66 X 144 FARM BUILDING | 51,120 | 51,120 | 0 | |
| GRAIN BINS | 7,400 | 7,400 | 0 | |
| FARM BUILDING ADDITION | 11,168 | 11,168 | 0 | |
| MACHINE SHED & GRAIN BIN WIRING | 2,915 | 2,847 | 68 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 920 | 0 | 0 |
| Description | Amount |
|---|---|
| ADJUSTING ENTRY | 92 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ILLINOIS ATTORNEY GENERAL | 15 | 0 | 0 | |
| INSURANCE | 1,797 | 1,797 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| APPRAISAL | 800 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. TREASURY | 903 | 0 | 0 | |
| REAL ESTATE TAX | 7,109 | 7,109 | 0 | |
| TAX | 5 | 5 | 0 |