| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BARN | 2022-01-01 | 75,000 | 5,625 | SL | 20 | 3,750 | 0 | 0 | |
| JOHN DEERE GATOR | 2023-03-15 | 21,000 | 970 | M | 5 | 4,032 | 0 | 0 | |
| JOHN DEERE TRACTOR | 2023-06-15 | 45,000 | M | 7 | 7,871 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING & EQUPIMENT | 141,000 | 22,248 | 118,752 | 140,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SUPPLIES | 21,712 | 0 | 0 | 0 |
| INSURANCE | 2,146 | 0 | 0 | 0 |
| REPAIRS | 260 | 0 | 0 | 0 |
| VETERINARY | 4,385 | 0 | 0 | 0 |
| FEED | 5,878 | 0 | 0 | 0 |
| MEDICINE | 4,912 | 0 | 0 | 0 |
| TELEPHONE | 840 | 0 | 0 | 0 |
| PESTICIDE | 450 | 0 | 0 | 0 |
| LICENSE | 332 | 0 | 0 | 0 |
| MAINTENANCE | 466 | 0 | 0 | 0 |
| FERRIER | 1,875 | 0 | 0 | 0 |
| UTILITIES | 4,376 | 0 | 0 | 0 |
| GAS | 95 | 0 | 0 | 0 |
| Name | Address |
|---|---|
| DEANNA SNYDER |
4310 OLDS RD ONONDAGA,MI49264 |