| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 500 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 78 ACRES FARMLAND, DEWITT | 2003-05-01 | 235,344 | L | 0 | 0 | ||||
| 66 X 144 FARM BUILDING & BINS | 2003-12-23 | 58,520 | 51,120 | SL | 20.000000000000 | 0 | 0 | ||
| 1 ACRE FARMLAND DEWITT | 2003-05-01 | 3,056 | 7,400 | L | 0 | 0 | |||
| FARM BUILDING ADDITION | 2004-03-18 | 11,168 | 11,168 | SL | 20.000000000000 | 0 | 0 | ||
| MACHINE SHED & GRAIN BIN WIRING | 2005-04-27 | 2,915 | 2,847 | SL | 20.000000000000 | 34 | 49 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| MACHINE SHED, BINS, AND BARN | Purchased | 2025-08 | KYLE KOPP | 80,000 | Value at time of acquisition | 0 | 77,010 | 72,569 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 78 ACRES FARMLAND, DEWITT | 235,344 | 0 | 235,344 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 650 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ILLINOIS ATTORNEY GENERAL | 15 | 0 | 0 | |
| BANK CHARGE | 28 | 0 | 0 | |
| INSURANCE | 1,849 | 1,849 | 0 |
| Description | Amount |
|---|---|
| ADJUSTING ENTRY | 2,309 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. TREASURY | 457 | 0 | 0 | |
| REAL ESTATE TAX | 6,463 | 6,463 | 0 | |
| TAX | 5 | 5 | 0 |