| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SHERIDAN CO NE LAND | 2013-05-23 | 449,735 | |||||||
| SHERIDAN CO NE LAND | 2013-05-23 | 299,824 | |||||||
| SHERIDAN CO NE LAND | 2013-05-23 | 136,794 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 681,468 | 681,468 | 2,166,766 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CONSTRUCTION IN PROGRESS - MUSEUM | 8,894,764 | 8,977,948 | 3,617,894 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARMLAND CASH RENT | ||||
| MISC EXP | ||||
| UTILITIES | 17,940 | 17,940 | ||
| EXPENSES | ||||
| INVESTMENT FUND FEES | 17,932 | 17,932 | ||
| PROFESSIONAL FEES | 18,836 | 18,836 | ||
| MISC EXP | 14 | 14 | ||
| HIRED HELP | 1,750 | 1,750 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISC. | 36 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTES PAYABLE | 144,488 | 134,307 |
| NOTES PAYABLE TO ANDEN VAN BEEK | 5,624,727 | 5,694,227 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARMLAND CASH RENT | 66,208 | 66,208 |