| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 4,224 | 0 | 0 | 4,224 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRAILER-AFFORDABLE TRAILERS | 2021-07-27 | 2,469 | 1,194 | SL | 20.00 % | 494 | |||
| POLARIS RANGER | 2021-11-16 | 28,600 | 11,917 | SL | 20.00 % | 5,720 | |||
| TRAILER DESIGN | 2023-04-07 | 5,100 | 170 | SL | 6.67 % | 340 | |||
| FENCE | 2024-07-23 | 11,734 | SL | 3.33 % | 391 | ||||
| TRAIL CONSTRUCTION | 2024-07-12 | 68,753 | SL | 3.33 % | 2,289 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 2,275 | 9,044 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 28,600 | 17,637 | 10,963 | 10,963 |
| Machinery and Equipment | 2,469 | 1,688 | 781 | 781 |
| Improvements | 85,587 | 3,190 | 82,397 | 82,397 |
| Land | 280,000 | 280,000 | 280,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 679 | 0 | 0 | 679 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID ON INVESTMENT | 4 | 4 | ||
| INVESTMENT EXPENSE | 2 | 2 | ||
| OFFICE EXP | 100 | 100 | ||
| SUPPLIES | 75 | 75 | ||
| WEBSITE HOSTING | 485 | 485 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 33 | 33 |