| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Aqua Broadcast Equipmnt | 2024-11-19 | 12,766 | 456 | MACRS 200DB | 7 | 3,517 | 0 | 0 | |
| GuthrieAqua Brdcst Equip | 2024-11-19 | 12,766 | 456 | MACRS 200DB | 7 | 3,517 | 0 | 0 | |
| Guthrie2 Bay Antenna | 2025-02-15 | 19,125 | MACRS 200DB | 7 | 2,733 | 0 | 0 | ||
| ChickashaAntenna | 2025-09-22 | 8,700 | MACRS 200DB | 7 | 1,243 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Aqua C300 Broadcast Eqmt | 12,766 | 3,973 | 8,793 | 8,793 |
| 2 Bay Antenna | 19,125 | 2,733 | 16,392 | 16,392 |
| Antenna | 8,700 | 1,243 | 7,457 | 7,457 |
| Item No. | 1 |
|---|---|
| Lender's Name | ROBERT E HAINES |
| Lender's Title | President |
| Original Amount of Loan | 39000 |
| Balance Due | 39000 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Repairs Maintenance | 1,647 | |||
| Rent | 2,400 |