| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,050 | 1,050 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PICKUP & BLADE | 2023-01-01 | 41,605 | 21,635 | 200DB | 5.0000 | 7,988 | 7,988 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| LPL INVESTMENTS | 2025-02 | PURCHASE | 2025-10 | 1,105,753 | 1,104,829 | 924 | ||||
| FT LC DP BUF 20 53 FECA | 2024-03 | PURCHASE | 2025-06 | 287,310 | 250,001 | 37,309 | ||||
| FHLB BOND | 2023-07 | PURCHASE | 2025-07 | 112,500 | 112,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LPL FINANCIAL | 2,033,062 | 2,124,575 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PICKUP & BLADE | 41,605 | 29,623 | 11,982 | 36,605 |
| GRASS LAND (721.03 ACRES) | 4,095,040 | 4,095,040 | 4,095,040 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARM GROUND & FACILITIES | ||||
| PROPERTY INSURANCE | 14,431 | 14,431 | ||
| CHEMICALS/PASTURE SPRAYING | 7,151 | 7,151 | ||
| REPAIRS | 786 | 786 | ||
| EXPENSES | ||||
| INVESTMENT FEES | 20,948 | 20,948 | ||
| D&O INSURANCE | 1,000 | 1,000 | ||
| ESTIMATED TAX PENALTY | 37 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 3,346 | 3,346 | ||
| FARM GROUND & FACILITIES | 26,889 | 26,889 |