| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Pivot | 2025-05-29 | 108,722 | AltMACRS SL | 7 | 7,763 | 0 | 0 | ||
| Livestock Line | 2025-05-15 | 23,823 | AltMACRS SL | 7 | 1,701 | 0 | 0 | ||
| Stock Tank and Pipelines | 2022-01-01 | 21,608 | AltMACRS SL | 7 | 3,086 | 12,550 | 12,550 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 109 Acre Farm | 1989-10 | Donation | 2025-01 | 01222025 | 231,629 | 133,525 | Cost | 98,104 | ||
| Stock Portfolio | 2025-01 | Purchase | 2025-12 | 12312025 | 1,753,732 | 1,790,004 | Cost | -36,272 | ||
| Silver | 2009-11 | Purchase | 2025-12 | 12232025 | 115,265 | 37,660 | Cost | 77,605 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Schwab Portfolio | 752,125 | 758,674 |
| Cash Equivalents | 1,355,132 | 4,300,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Coop Patronage | AT COST | 12,765 | 12,765 |
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| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Fixed Assets | 1,470,568 | 615,335 | 855,233 | 1,439,800 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Holyoke LLO | 150 | 150 | 150 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Oil Production Repairs | 29,263 | 29,263 | ||
| Pumper | 18,000 | 18,000 | ||
| UtilPropane | 27,467 | 27,467 | ||
| InsBond | 500 | 500 | ||
| Farm Ranch Repairs | 12,823 | 12,823 | 12,823 | |
| Supplies | 37 | 37 | 37 | |
| Insurance | 8,372 | 8,372 | 8,372 | |
| ChemSpray | 670 | 670 | 670 | |
| Utilities | 2,634 | 2,634 | 2,634 | |
| Fertilizer | 16,159 | 16,159 | 16,159 | |
| Administrative POSafe Boxes | 309 | 309 | 309 | |
| Postage | 235 | 235 | 235 | |
| Bank Serv | 25 | 25 | 25 | |
| Tx Prep Sftwr | 150 | 150 | 150 | |
| Office Supp | 188 | 188 | 188 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Security Deposit | 500 | 500 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Oil Production | 127,138 | 0 | 127,138 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll | 268 | 268 | 268 | |
| Water | 17,056 | 17,056 | 17,056 | |
| Real Estate | 39,071 | 39,071 | 39,071 | |
| Occupation | 28 | 28 | 28 | |
| Excise | 2,788 | 2,788 | 2,788 | |
| Oil Ad Valorem | 2,202 | 2,202 |