| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 30,600 | 7,650 | 22,950 |
| 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 |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 22,682 | 22,682 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM RED RILL | 0 | 13,000 | 13,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE EXPENSES | 18,941 | 4,735 | 14,206 | |
| REPAIRS AND MAINTENANCE | 63,205 | 15,801 | 47,404 | |
| SUPPLIES | 1,709 | 427 | 1,282 | |
| UTILITIES | 26,656 | 6,664 | 19,992 | |
| CONTINUING EDUCATION | 24,132 | 6,033 | 18,099 | |
| PROPERTY TAXES | 29,704 | 7,426 | 22,278 |