| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,407 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FREEZER STORAGE | 2021-09-20 | 18,000 | 6,107 | S/L | 7.0000 | 1,699 | |||
| FURNITURE | 2023-03-21 | 11,687 | 9,683 | 200DB | 7.0000 | 573 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| FIRST NATIONAL BANK | PURCHASE | 557,271 | 504,720 | 52,551 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIRST NATIONAL BANK-TRUST INVESTMENT | 6,016,719 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ORGANIZATIONAL COSTS | 34,282 | 22,657 | 11,625 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,036 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL BANQUET | ||||
| SUPPLIES | 36,867 | 36,867 | ||
| GREEN TURTLE | ||||
| COST OF GOODS SOLD | 206,049 | 206,049 | ||
| EXPENSES | ||||
| BANK CHARGES | 386 | |||
| LIABILITY INSURANCE | 3,469 | |||
| SOFTWARE EXPENSE | 3,604 | |||
| OFFICE SUPPLIES | 2,168 | |||
| RELIEF SUPPLIES | 2,628 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GREEN TURTLE | 147,027 | 147,027 |
| Description | Amount |
|---|---|
| INCREASE IN UNLREALIZED GAINS | 729,841 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 44,071 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 1,908 | |||
| FOREIGN TAX ON DIVIDENDS | 2,456 | |||
| LICENSING | 128 |