| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Machinery and Equipment | 2003-01-01 | 26,629 | 26,629 | SL | 5 | 0 | 0 | 0 | |
| Improvements | 2004-12-31 | 168,537 | 99,356 | SL | 39 | 4,321 | 0 | 0 | |
| Land | 2003-05-20 | 1,255,000 | 0 | NDA | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 0achinery and Equipment | 26,629 | 26,629 | 0 | 0 |
| Land | 1,255,000 | 0 | 1,255,000 | 0 |
| Improvements | 168,537 | 103,577 | 64,960 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank chargesfees | 35 | 0 | 0 | 0 |