| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 481,426 | 71,493 | 409,933 | |
| LAND | 100,000 | 0 | 100,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 2,000 | 2,000 | 2,000 |
| Description | Amount |
|---|---|
| FEDERAL INCOME TAX | 15 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 4,784 | 4,784 | ||
| MISCELLANEOUS EXPENSES | 0 | 0 | ||
| ROUNDING | ||||
| RECONCILIATION DISC | -1,868 | 0 |
| Description | Amount |
|---|---|
| NET INVESTMENT INCOME | 16,655 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ROUNDING | 0 | |
| FED INC TAX PAYABLE | 667 | -51 |