| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| TREESREFORESTATION | 2019-06-15 | 2,756 | 2,200 | 7.000000000000 | 394 | 2,594 | ||
| BLACK HORSE DESIGN | 2020-03-18 | 4,038 | 1,300 | 15.000000000000 | 269 | 1,569 | ||
| GRAPHICS | 2022-04-20 | 576 | 528 | 3.000000000000 | 48 | 576 | ||
| WEBSITE DESIGN BUILD | 2022-04-20 | 1,569 | 1,438 | 3.000000000000 | 131 | 1,569 | ||
| TREE REFORESTATION | 2022-05-25 | 700 | 267 | 7.000000000000 | 100 | 367 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDINGBARN | 2000-09-02 | 26,450 | 16,470 | M | 39 | 678 | 0 | 0 | |
| BUILDING BARN | 2003-08-14 | 26,450 | 14,492 | M | 39 | 678 | 0 | 0 | |
| LAND IMPROVEMENT | 2019-06-01 | 4,966 | 2,180 | M | 15 | 293 | 0 | 0 | |
| NEW WINDOWS FOR HOUSE | 2020-09-15 | 23,820 | 2,622 | SL | 39 | 611 | 0 | 0 | |
| EXCAVATION | 2020-09-15 | 46,534 | 5,120 | SL | 39 | 1,193 | 0 | 0 | |
| PLUMBING | 2020-09-15 | 9,502 | 1,047 | SL | 39 | 244 | 0 | 0 | |
| ELECTRIC | 2020-09-15 | 6,852 | 755 | SL | 39 | 176 | 0 | 0 | |
| BARN RENOVATIONS | 2020-09-15 | 284,671 | 31,325 | SL | 39 | 7,299 | 0 | 0 | |
| NONELECTRICAL IMPROVEMENT | 2021-04-27 | 7,820 | 745 | SL | 39 | 201 | 0 | 0 | |
| HOUSE ELECTRICAL IMPROV | 2021-05-27 | 6,094 | 566 | SL | 39 | 156 | 0 | 0 | |
| WELL NO 2 | 2021-06-15 | 21,818 | 1,980 | SL | 39 | 559 | 0 | 0 | |
| BARNEQUIPMENT AND FURNISHINGS | 2021-06-22 | 5,387 | 3,704 | M | 7 | 481 | 0 | 0 | |
| HOUSEAPPLIANCES | 2021-06-28 | 7,848 | 5,396 | M | 7 | 701 | 0 | 0 | |
| HOUSE RENOVATIONS | 2021-07-30 | 20,672 | 1,833 | SL | 39 | 530 | 0 | 0 | |
| LANDSCAPING | 2021-08-19 | 2,964 | 911 | M | 15 | 205 | 0 | 0 | |
| GENERATOR | 2022-04-24 | 8,375 | 4,712 | M | 7 | 1,046 | 0 | 0 | |
| LAWN MOWER O TURN | 2022-05-03 | 7,460 | 4,198 | M | 7 | 932 | 0 | 0 | |
| DOORS | 2022-05-10 | 8,082 | 544 | M | 39 | 207 | 0 | 0 | |
| KITCHEN | 2022-06-21 | 1,350 | 89 | SL | 39 | 35 | 0 | 0 | |
| KITCHEN CABINETS | 2022-06-21 | 14,220 | 5,078 | SL | 7 | 2,031 | 0 | 0 | |
| PATIO | 2022-07-14 | 9,110 | 575 | SL | 39 | 234 | 0 | 0 | |
| EXCAVATION | 2022-07-25 | 9,281 | 2,140 | M | 15 | 715 | 0 | 0 | |
| LAND IMPROVEMENT | 2023-04-20 | 1,190 | 173 | M | 15 | 102 | 0 | 0 | |
| WATER FILTRATION SYSTEM | 2023-05-17 | 8,850 | 3,431 | M | 7 | 1,548 | 0 | 0 | |
| APPLIANCES | 2023-05-23 | 2,239 | 1,164 | M | 5 | 430 | 0 | 0 | |
| LAND IMPROVEMENT | 2024-04-25 | 1,766 | M | 15 | 168 | 0 | 0 | ||
| SOLAR EQUIPMENTBARN | 2024-05-08 | 1,847 | M | 7 | 452 | 0 | 0 | ||
| SOLAR EQUIPMENTHOUSE | 2024-05-08 | 1,847 | M | 7 | 452 | 0 | 0 | ||
| BUILDINGBARN | 2024-05-14 | 3,958 | SL | 39 | 101 | 0 | 0 | ||
| BUILDINGHOUSE | 2024-05-20 | 6,200 | SL | 27.5 | 225 | 0 | 0 | ||
| FENCING | 2025-01-27 | 18,730 | M | 7 | 2,677 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND BUILDINGS AND EQUIPMENT | 653,576 | 156,857 | 496,719 | 496,719 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNKNOWN | 2,917 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PEST CONTROL | 0 | 0 | 0 | 0 |
| INSURANCE | 4,984 | 0 | 0 | 0 |
| REPAIRSMAINTENANCE | 4,625 | 0 | 0 | 0 |
| SUPPLIESFURNISHINGS | 3,090 | 0 | 0 | 0 |
| UTILITIES | 4,951 | 0 | 0 | 0 |
| PROPANE GAS | 1,736 | 0 | 0 | 0 |
| TRASH REMOVAL | 66 | 0 | 0 | 0 |
| WIFI | 1,404 | 0 | 0 | 0 |
| FUEL FOR EQUIPMENT | 564 | 0 | 0 | 0 |
| SECURITY | 1,170 | 0 | 0 | 0 |
| WEBINTERNET | 517 | 0 | 0 | 0 |
| AMORTIZATION | 942 | 0 | 0 | 0 |
| CASUAL LABOR | 0 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LEASE PROPERTY FOR GAS & OIL | 0 | 527,825 | 0 |
| Description | Amount |
|---|---|
| NET INVESTMENT INCOME | 492,230 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 991 | 0 | 0 | 0 |
| LEGAL | 3,306 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY | 1,677 | 0 | 0 | 0 |