| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1989-11-01 | 64,874 | 64,874 | M31 | |||||
| LAND | 1989-11-01 | 20,000 | L | ||||||
| BLDG- 1/2 STEP UP | 68,045 | 68,045 | M31 | ||||||
| IMPROVEMENTS | 2007-07-01 | 11,854 | 5,536 | M39 | 304 | ||||
| IMPROVEMENTS | 2024-07-01 | 9,500 | 1,152 | M15 | 903 | ||||
| FULLY DEPRECIATED | 112,354 | 112,354 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MORGAN STANLEY | 18,201,780 | 18,201,780 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NOTE RECEIVABLE- GOODWILL | 47,395 | 31,837 | 31,837 |
| NOTE RECEIVABLE- HPP | 58,393 | 44,114 | 44,114 |
| Description | Amount |
|---|---|
| UNREALIIZED LOSS ON SECURITIES | 763,936 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 26,319 | 26,319 | ||
| EDUCATION | 123 | 123 | ||
| OFFICE SUPPLIES | 634 | 634 | ||
| TELEPHONE & INTERNET EXPENSE | 510 | 510 | ||
| SUBSCRIPTIONS | 17,615 | 17,615 | ||
| INVESTMENT ADVISORY FEES | 8,666 | 8,666 | ||
| MEETINGS | 450 | 450 | ||
| PROFESSIONAL SERVICES | 2,431 | 2,431 | ||
| ORDINARY LOSS ON SECURITIES | 28 | 28 | ||
| Rent and Royalty Expense | 9,599 | 9,599 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME- BOOK SALES | 64 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 4,371 | 4,371 | ||
| PAYROLL TAX | 14,703 | 14,703 |