| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,610 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2006-12-31 | 64,000 | 35,282 | SL | 39.000000000000 | 1,641 | 0 | 1,641 | |
| SHEDS | 2007-10-01 | 12,144 | 6,390 | SL | 39.000000000000 | 311 | 0 | 311 | |
| IMPROVMENTS - PULS FARM) | 2012-12-31 | 21,148 | 8,491 | SL | 27.500000000000 | 769 | 0 | 769 | |
| PULS - TOOL ROOM | 2013-07-10 | 964 | 760 | 150DB | 20.000000000000 | 21 | 0 | 48 | |
| PULS - SHOP ROOM | 2013-03-23 | 2,792 | 2,792 | SL | 10.000000000000 | 0 | 0 | 0 | |
| PULS - HERITAGE DWELLING | 2016-10-10 | 46,614 | 12,218 | SL | 27.500000000000 | 1,695 | 0 | 1,695 | |
| EQUIPMENT | 2006-12-10 | 15,000 | 15,000 | SL | 10.000000000000 | 0 | 0 | 0 | |
| JD 960 FEILD CULTIVATOR | 2009-11-02 | 9,750 | 9,750 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| TRACTOR | 2009-12-10 | 9,500 | 9,500 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2010-02-03 | 2,900 | 2,900 | SL | 7.000000000000 | 0 | 0 | 0 | |
| PULS - TRAILER | 2012-09-10 | 2,272 | 2,272 | SL | 7.000000000000 | 0 | 0 | 0 | |
| PULS - ELECTRIC GATE | 2013-04-08 | 2,703 | 2,703 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2014-07-07 | 54,971 | 54,971 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| CULTIVATOR | 2015-04-01 | 1,500 | 1,500 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| JD TRACTOR | 2015-07-10 | 8,000 | 8,000 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| HLAVINKA EQUIPMENT | 2015-08-15 | 20,000 | 20,000 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2016-11-01 | 1,500 | 1,500 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| FARM EQUIPMENT | 2017-06-23 | 8,000 | 7,822 | 150DB | 7.000000000000 | 178 | 0 | 178 | |
| 7150 TRACTOR | 2019-01-21 | 31,000 | 31,000 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT - DIETZ TRACTOR | 2019-12-16 | 3,000 | 3,000 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| GOLF CART | 2020-10-28 | 4,800 | 4,800 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| FENCE - PULS | 2010-02-03 | 6,282 | 6,282 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FENCE | 2013-06-04 | 11,935 | 10,349 | 150DB | 15.000000000000 | 352 | 0 | 796 | |
| FENCE - PULS | 2015-12-31 | 8,782 | 8,782 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| CAGES & PENS - PULS | 2011-10-31 | 11,820 | 11,820 | SL | 5.000000000000 | 0 | 0 | 0 | |
| LAND - 5.141 ACRES W. IMPROV | 2006-12-31 | 240,000 | L | 0 | 0 | 0 | |||
| LAND - 42.0449 ACRES | 2009-10-09 | 210,000 | L | 0 | 0 | 0 | |||
| LAND - 15.92 ACRES - PULS | 2010-03-24 | 159,200 | L | 0 | 0 | 0 | |||
| LAND - 43.34 ACRES | 2010-05-04 | 322,350 | L | 0 | 0 | 0 | |||
| LAND - 67.73 ACRES | 2010-05-04 | 264,000 | L | 0 | 0 | 0 | |||
| LAND - 99.54 ACRES (50%) | 2010-04-30 | 541,582 | L | 0 | 0 | 0 | |||
| CASE IH COMBINE, 2 HEADERS (HLAVINKA EQUIP_ | 2023-05-10 | 232,389 | 24,899 | 150DB | 7.000000000000 | 44,462 | 0 | 33,198 | |
| COMBINE (PAUL KRENEK) | 2023-05-27 | 15,000 | 2,250 | 150DB | 5.000000000000 | 3,825 | 0 | 3,000 | |
| 1992 CIH 7140 4C USED TRACTOR022 | 2024-02-29 | 42,569 | 150DB | 7.000000000000 | 27,365 | 0 | 5,068 | ||
| JOHN DEERE TELLUS | 2024-03-21 | 3,799 | 35.000000000000 | 81 | 0 | 81 | |||
| CASE IH COMBINE | 2024-06-24 | 10,000 | 150DB | 7.000000000000 | 6,429 | 0 | 714 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 64,000 | 36,923 | 27,077 | 27,077 |
| SHEDS | 12,144 | 6,701 | 5,443 | 5,443 |
| IMPROVMENTS - PULS FARM) | 21,148 | 9,260 | 11,888 | 11,888 |
| PULS - TOOL ROOM | 964 | 781 | 183 | 183 |
| PULS - SHOP ROOM | 2,792 | 2,792 | 0 | 0 |
| PULS - HERITAGE DWELLING | 46,614 | 13,913 | 32,701 | 32,701 |
| EQUIPMENT | 15,000 | 15,000 | 0 | 0 |
| JD 960 FEILD CULTIVATOR | 9,750 | 9,750 | 0 | 0 |
| TRACTOR | 9,500 | 9,500 | 0 | 0 |
| EQUIPMENT | 2,900 | 2,900 | 0 | 0 |
| PULS - TRAILER | 2,272 | 2,272 | 0 | 0 |
| PULS - ELECTRIC GATE | 2,703 | 2,703 | 0 | 0 |
| EQUIPMENT | 54,971 | 54,971 | 0 | 0 |
| CULTIVATOR | 1,500 | 1,500 | 0 | 0 |
| JD TRACTOR | 8,000 | 8,000 | 0 | 0 |
| HLAVINKA EQUIPMENT | 20,000 | 20,000 | 0 | 0 |
| EQUIPMENT | 1,500 | 1,500 | 0 | 0 |
| FARM EQUIPMENT | 8,000 | 8,000 | 0 | 0 |
| 7150 TRACTOR | 31,000 | 31,000 | 0 | 0 |
| EQUIPMENT - DIETZ TRACTOR | 3,000 | 3,000 | 0 | 0 |
| GOLF CART | 4,800 | 4,800 | 0 | 0 |
| FENCE - PULS | 6,282 | 6,282 | 0 | 0 |
| FENCE | 11,935 | 10,701 | 1,234 | 1,234 |
| FENCE - PULS | 8,782 | 8,782 | 0 | 0 |
| CAGES & PENS - PULS | 11,820 | 11,820 | 0 | 0 |
| LAND - 5.141 ACRES W. IMPROV | 240,000 | 0 | 240,000 | 240,000 |
| LAND - 42.0449 ACRES | 210,000 | 0 | 210,000 | 210,000 |
| LAND - 15.92 ACRES - PULS | 159,200 | 0 | 159,200 | 159,200 |
| LAND - 43.34 ACRES | 322,350 | 0 | 322,350 | 322,350 |
| LAND - 67.73 ACRES | 264,000 | 0 | 264,000 | 264,000 |
| LAND - 99.54 ACRES (50%) | 541,582 | 0 | 541,582 | 541,582 |
| CASE IH COMBINE, 2 HEADERS (HLAVINKA EQUIP_ | 232,389 | 69,361 | 163,028 | 163,028 |
| COMBINE (PAUL KRENEK) | 15,000 | 6,075 | 8,925 | 8,925 |
| 1992 CIH 7140 4C USED TRACTOR022 | 42,569 | 27,365 | 15,204 | 15,204 |
| JOHN DEERE TELLUS | 3,799 | 81 | 3,718 | 3,718 |
| CASE IH COMBINE | 10,000 | 6,429 | 3,571 | 3,571 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,991 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 346 | 0 | 0 | 0 |
| BANK SERVICE CHARGES | 30 | 0 | 0 | 0 |
| OTHER OPERATING EXPENSES | 14,342 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 1,480 | 0 | 0 | 0 |