| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 3,950 | 3,950 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2021-01-01 | 1,400,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 1,400,000 | 1,400,000 | 1,400,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ANNUITY - UNITED LIFE | 4,118,595 | 4,119,451 | 4,119,451 |
| ANNUITY - ATHENE | 634,933 | 600,706 | 600,706 |
| ANNUITY - SECURITY BENEFIT LIFE | 52,249 | 55,042 | 55,042 |
| ANNUITY - ASPIDA LIFE | 182,327 | 182,327 | |
| LEGAL EXPENSES PENDING REIMBURSEMENT | 285,984 | 306,202 | 306,202 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FEES | 45 | 45 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED INTEREST INCOME | 219,954 | 371,703 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DURAID NOTES RECEIVABLE | 2,725,000 | 2,379,799 | 2016-02 | 2026-11 | 15K MTHLY BALOON AFTER 5YR | 4.00 % | SALE OF LAND |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 18,195 | 7,278 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 15,450 | 15,450 | 15,450 | |
| TAX | 345 | 345 |