| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MUSEUM BUILDING | 2000-07-01 | 78,187 | 49,123 | SL | 39 | 2,005 | |||
| HAIL SHED | 2004-07-03 | 3,500 | 1,841 | SL | 39 | 90 | |||
| LIBRARY BUILDING | 2005-11-07 | 9,646 | 4,724 | SL | 39 | 247 | |||
| EASY GO | 2006-12-28 | 4,200 | 4,200 | M7 | |||||
| SANDBLAST CABINET | 2002-04-01 | 305 | 278 | M7 | |||||
| BMW PROJECT | 2007-03-02 | 6,200 | 6,200 | M7 | |||||
| MOWER | 2010-10-01 | 2,831 | 2,677 | M7 | |||||
| TEXTILE ROOM | 2011-09-27 | 25,755 | 23,476 | M15 | 1,522 | ||||
| BUILDING CONSTRUCT | 2012-06-10 | 5,079 | 1,631 | SL | 39 | 130 | |||
| TRAILER | 2013-12-17 | 3,519 | 3,519 | M7 | |||||
| MUSEUM BUILDING | 2014-01-21 | 73,168 | 20,561 | SL | 39 | 1,876 | |||
| QUILTING MACHINE | 2015-11-15 | 6,053 | 6,052 | M7 | |||||
| EQUIPMENT | 2020-11-11 | 1,760 | 1,760 | M5 | |||||
| RV | 2021-05-07 | 20,226 | 4,817 | M20 | 1,156 | ||||
| TORNADO IMPROVEMEN | 2021-08-15 | 29,525 | 2,555 | SL | 39 | 757 | |||
| BLDG IMPROVEMENT | 2021-08-21 | 14,417 | 1,249 | SL | 39 | 370 | |||
| AIR CONDITIONER | 2023-04-24 | 3,200 | 1,241 | M7 | 560 | ||||
| FURNITURE | 2023-09-06 | 3,700 | 1,435 | M7 | 647 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MUSEUM BUILDING | 78,187 | 51,128 | 27,059 | |
| HAIL SHED | 3,500 | 1,931 | 1,569 | |
| LIBRARY BUILDING | 9,646 | 4,971 | 4,675 | |
| EASY GO | 4,200 | 4,200 | ||
| SANDBLAST CABINET | 305 | 278 | 27 | |
| BMW PROJECT | 6,200 | 6,200 | ||
| MOWER | 2,831 | 2,677 | 154 | |
| TEXTILE ROOM | 25,755 | 24,998 | 757 | |
| BUILDING CONSTRUCT | 5,079 | 1,761 | 3,318 | |
| TRAILER | 3,519 | 3,519 | ||
| MUSEUM BUILDING | 73,168 | 22,437 | 50,731 | |
| QUILTING MACHINE | 6,053 | 6,052 | 1 | |
| EQUIPMENT | 1,760 | 1,760 | ||
| RV | 20,226 | 5,973 | 14,253 | |
| TORNADO IMPROVEMEN | 29,525 | 3,312 | 26,213 | |
| BLDG IMPROVEMENT | 14,417 | 1,619 | 12,798 | |
| AIR CONDITIONER | 3,200 | 1,801 | 1,399 | |
| FURNITURE | 3,700 | 2,082 | 1,618 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SUPPLIES | 7,863 | 7,863 | ||
| ADVERTISEMENT | 236 | 236 | ||
| TRAILER REGISTRATION | 305 | 305 | ||
| MEMBERSHIP | 130 | 130 | ||
| TRAVEL | 240 | 240 | ||
| FUEL | 1,042 | 1,042 | ||
| SALES TAX | 937 | 537 | ||
| SEMINARS | 45 | 45 | ||
| UTILITIES | 5,200 | 5,200 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Quilt and Gift Shop Sales | 10,542 |