| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTANT FEES | 500 | 0 | 500 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| CHICKEN COOP | 2021-04-12 | 3,483 | 1,369 | SL | 7.000000000000 | 498 | 0 | 498 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CHICKEN COOP | 3,483 | 1,867 | 1,616 |
| Item No. | 1 |
|---|---|
| Lender's Name | IRIS BEAUGRAND |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 14100 |
| Balance Due | 14100 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | OPERATIONS |
| Description of Lender Consideration | CASH |
| Consideration FMV | 14100 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN RECEIVABLE | 15,000 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARRIER COSTS | 820 | 0 | 0 | 820 |
| FEED & HAY | 38,683 | 0 | 0 | 38,683 |
| TAXES & LICENSES | 836 | 0 | 836 | 0 |
| REPAIRS & MAINTENANCE | 18,263 | 0 | 0 | 18,263 |
| INSURANCE | 354 | 0 | 314 | 0 |
| SUPPLIES | 3,562 | 0 | 0 | 3,562 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VETERINARIAN FEES | 4,809 | 0 | 0 | 4,809 |