| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND - DEVELOPED | 2015-12-28 | 320,000 | L | 0 | 0 | ||||
| BUILDING | 2015-12-28 | 774,331 | 197,099 | SL | 27.500000000000 | 28,157 | 28,157 | ||
| FURNITURE AND FIXTURES | 2015-12-28 | 119,895 | 119,895 | 200DB | 7.000000000000 | 0 | 0 | ||
| EQUIPMENT RANGES | 2015-12-28 | 30,762 | 30,762 | 200DB | 5.000000000000 | 0 | 0 | ||
| BUILDING IMPROVEMENTS | 2016-12-31 | 290,000 | 73,815 | SL | 27.500000000000 | 10,545 | 10,545 | ||
| FURNITURE AND FIXTURES | 2016-12-31 | 174,721 | 174,721 | 200DB | 7.000000000000 | 0 | 0 | ||
| EQUIPMENT RANGES | 2016-12-31 | 62,162 | 62,162 | 200DB | 5.000000000000 | 0 | 0 | ||
| FURNITURE AND FIXTURES | 2018-12-31 | 51,192 | 200DB | 7.000000000000 | 0 | 7,313 | |||
| EQUIPMENT RANGES | 2018-12-31 | 9,769 | 200DB | 5.000000000000 | 0 | 0 | |||
| EQUIPMENT RANGES | 2021-12-31 | 20,833 | 200DB | 5.000000000000 | 0 | 4,167 | |||
| EQUIPMENT RANGES | 2022-12-31 | 25,624 | 10,250 | 200DB | 5.000000000000 | 6,150 | 5,125 | ||
| EQUIPMENT RANGES | 2023-12-31 | 11,519 | 115 | 200DB | 5.000000000000 | 876 | 2,304 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT IN BONDS | 1,518,322 | 2,140,570 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT IN STOCKS BESSEMER | 12,783,624 | 16,206,952 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT RANGES | 20,833 | 20,833 | 0 | |
| EQUIPMENT RANGES | 25,624 | 16,400 | 9,224 | |
| EQUIPMENT RANGES | 11,519 | 10,206 | 1,313 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 14,771 | 14,771 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXPENSES | 1,394 | 2,029 | |
| UTILITIES DEPOSITS | 26,888 | 27,188 | 29,217 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE FEES | 15,739 | 15,739 | 0 | |
| ADVERTISING EXPENSE | 39,445 | 39,445 | 0 | |
| ASSOCIATION DUES | 2,126 | 2,126 | 0 | |
| BANK SERVICE FEE | 10 | 10 | 0 | |
| BOND PREMIUM | 5 | 5 | 0 | |
| CARPET EXPENSE | 23,703 | 23,703 | 0 | |
| CLEANING EXP | 14,186 | 14,186 | 0 | |
| COMPUTER PROCESSING | 16,810 | 16,810 | 0 | |
| CREDIT REPORT BACKGROUND CHECK | 5,432 | 5,432 | 0 | |
| DUES, SUBSCR & ED TRAINING | 821 | 821 | 0 | |
| EMPLOYEE TURKEY GIVEAWAY | 343 | 343 | 0 | |
| ENTRY GATE SERVICE | 6,740 | 6,740 | 0 | |
| EXTERMINATING EXPENSE | 17,201 | 17,201 | 0 | |
| FEES | 7,973 | 7,973 | 0 | |
| FIRE OR BURGLAR ALARM SERVICE | 74,004 | 74,004 | 0 | |
| FITNESS POOL BBQ EXPENSE | 11,379 | 11,379 | 0 | |
| GARBAGE REMOVAL EXPENSE | 59,425 | 59,425 | 0 | |
| INSURANCE | 1,064,068 | 1,064,068 | 0 | |
| LANDSCAPING EXPENSE | 24,984 | 24,984 | 0 | |
| OFFICE EQUIPMENT | 12,626 | 12,626 | 0 | |
| OFFICE SUPPLIES | 2,788 | 2,788 | 0 | |
| PAYROLL PROCESSING EXP | 6,567 | 6,567 | 0 | |
| POSTAGE | 1,744 | 1,744 | 0 | |
| REPAIRS | 1,618,913 | 1,618,913 | 0 | |
| SECURITY LOCS AND KEYS | 6,027 | 6,027 | 0 | |
| SECURITY SERVICES | 106,816 | 106,816 | 0 | |
| SUPERINTENDENT APT EXPENSE | 3,600 | 3,600 | 0 | |
| TRAVEL | 11,511 | 11,511 | 0 | |
| UNCOLLECTIBLE RENTS RECEIVABLE | 21,521 | 21,521 | 0 | |
| UNIFORM RENTAL EXPENSE | 2,672 | 2,672 | 0 | |
| UTILITIES | 211,807 | 211,807 | 0 | |
| INVESTMENT BROKER FEES | 45,124 | 45,124 | 0 |
| Description | Amount |
|---|---|
| VOIDED | 62,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RENTS RECEIVED IN ADVANCE | 30,040 | 2,569 |
| TENANTS DEPOSIT PAYABLE | 197,122 | 223,388 |
| OTHER AFFILIATES | 27,525 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 208,248 | 208,248 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WH | 401 | 401 | 0 | |
| FL ANNUAL REPORT | 200 | 0 | 200 | |
| PAYROLL TAX | 36,905 | 36,905 | 0 | |
| REAL ESTATE TAXES | 448,086 | 448,086 | 0 | |
| FL TNG PERSONAL PROP TAX | 636 | 636 | 0 | |
| FEDERAL INCOME TAXES | 138,175 | 0 | 0 |