| 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 |
|---|---|---|---|---|---|---|---|---|---|
| AG INDUSTRIAL FIELD SEEDER | 2023-05-09 | 11,900 | 2,833 | SL | 7.000000000000 | 1,700 | 0 | 1,700 | |
| AG INDUSTRIAL FIELD SPRAYER | 2023-04-07 | 2,895 | 724 | SL | 7.000000000000 | 414 | 0 | 414 | |
| FENCE | 2024-08-04 | 59,733 | 1,659 | SL | 15.000000000000 | 3,982 | 0 | 3,982 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| AG INDUSTRIAL FIELD SEEDER | 11,900 | 4,533 | 7,367 | 7,367 |
| AG INDUSTRIAL FIELD SPRAYER | 2,895 | 1,138 | 1,757 | 1,757 |
| FENCE | 59,733 | 5,641 | 54,092 | 54,092 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL/ACCOUNTING FEES | 3,357 | 0 | 0 | 3,357 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEED AND SUPPLIES | 1,010 | 0 | 0 | 1,010 |
| TRACTOR FUEL | 87 | 0 | 0 | 87 |