| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Portatree | 2025-01-03 | 6,548 | M | 7 | 234 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Portatree | 6,548 | 234 | 6,314 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Membership | 375 | 0 | 0 | 0 |
| Corporation Fee | 20 | 0 | 0 | 0 |
| Event Expenses | 1,848 | 0 | 0 | 0 |
| Plowing | 1,430 | 0 | 0 | 0 |
| Postmaster | 58 | 0 | 0 | 0 |
| New equipment | 565 | 0 | 0 | 0 |
| Equipment repairs | 257 | 0 | 0 | 0 |
| Volunteer meals | 152 | 0 | 0 | 0 |
| Insurance | 4,101 | 0 | 0 | 0 |
| Land Leases | 5,375 | 0 | 0 | 0 |
| Office Expense | 100 | 0 | 0 | 0 |
| Sno-gun | 800 | 0 | 0 | 0 |
| Description | Amount |
|---|---|
| PP Adjustment | 121 |