| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WATER WELL | 1997-09-30 | 1,250 | 1,250 | S/L | 7.0000 | ||||
| BARN FLOOR | 1997-10-02 | 8,034 | 5,562 | S/L | 39.0000 | 206 | |||
| OVERHEAD GARAGE DOORS | 1997-10-29 | 884 | 884 | S/L | 7.0000 | ||||
| BARN ERECTION LABOR | 1997-10-21 | 6,080 | 4,196 | S/L | 39.0000 | 156 | |||
| FRAMER APT LABOR | 1997-10-21 | 793 | 545 | S/L | 39.0000 | 21 | |||
| BARN ELECTRICAL WORK | 1997-12-08 | 1,934 | 1,934 | S/L | 7.0000 | ||||
| BARN PLUMBING | 1997-12-15 | 349 | 349 | S/L | 7.0000 | ||||
| APT BUILDING LABOR | 1997-12-19 | 3,433 | 2,354 | S/L | 39.0000 | 88 | |||
| FENCE BLDG LABOR | 1997-12-19 | 400 | 400 | S/L | 7.0000 | ||||
| APT/BARN BLDG | 1998-01-06 | 1,271 | 872 | S/L | 39.0000 | 32 | |||
| BARN ELECTRICAL WORK | 1998-01-09 | 328 | 328 | S/L | 7.0000 | ||||
| PLUMBING FIXTURE | 1998-01-21 | 177 | 177 | S/L | 7.0000 | ||||
| CARPET & TILE | 1998-01-27 | 773 | 773 | S/L | 7.0000 | ||||
| BARN/APT BUILDING MATERIALS | 1998-02-09 | 2,226 | 1,522 | S/L | 39.0000 | 57 | |||
| BLDG MATERIALS | 1998-05-06 | 674 | 457 | S/L | 39.0000 | 17 | |||
| DRIVEWAY PORCH &SIDEWALK | 1998-05-13 | 1,396 | 1,396 | S/L | 20.0000 | ||||
| BARN ELECTRICAL WORK | 1998-07-08 | 250 | 250 | S/L | 7.0000 | ||||
| DECK OFF BLDG | 2001-10-03 | 1,181 | 688 | S/L | 40.0000 | 30 | |||
| BREEDING FACILITY | 2008-06-16 | 42,653 | 17,772 | S/L | 39.0000 | 1,094 | |||
| LAND | 1996-12-13 | 257,522 | |||||||
| 420 ACRE-WOOD PLACE | 2001-11-01 | 263,100 | |||||||
| 160 ACRE SELLERS PLACE | 2001-11-02 | 40,000 | |||||||
| SELLERS LAND | 2003-05-01 | 160,105 | |||||||
| LEOPARD PLACE | 2003-07-18 | 20,034 | |||||||
| SELLERS PLACE SEC 31-6N-4W | 2004-02-10 | 14,436 | |||||||
| FENCING | 2002-04-15 | 18,273 | 18,273 | S/L | 15.0000 | ||||
| FENCING | 2003-04-15 | 22,448 | 22,448 | S/L | 15.0000 | ||||
| FENCING | 2004-04-15 | 7,921 | 7,921 | S/L | 15.0000 | ||||
| PORTABLE CATTLE PANELS | 1997-08-29 | 500 | 500 | S/L | 7.0000 | ||||
| FENCE | 1997-09-30 | 5,806 | 5,806 | S/L | 7.0000 | ||||
| CHUTE/CORRAL MATERIAL | 1997-10-11 | 196 | 196 | S/L | 7.0000 | ||||
| SHOWER STALL FOR BARN | 1997-11-20 | 209 | 209 | S/L | 7.0000 | ||||
| SEPTIC TANK & ELECTRIC LIN | 1997-12-08 | 1,200 | 1,200 | S/L | 7.0000 | ||||
| HOT WATER TANK | 1997-12-15 | 172 | 172 | S/L | 7.0000 | ||||
| TWO FEED TROUGHS | 1997-12-16 | 200 | 200 | S/L | 7.0000 | ||||
| HEATING &A/C EQUIPMENT | 1998-01-27 | 679 | 679 | S/L | 7.0000 | ||||
| HOOD FOR STOVE | 1998-04-11 | 69 | 69 | S/L | 7.0000 | ||||
| 1/4 OF CALF CREEP | 1998-11-20 | 2,001 | 2,001 | S/L | 7.0000 | ||||
| 2 WATER TROUGHS | 1999-03-04 | 254 | 254 | S/L | 7.0000 | ||||
| 2250 FEET STRUCTURAL TUBING | 1999-04-09 | 1,913 | 1,913 | S/L | 7.0000 | ||||
| DRAINAGE PIPES | 1999-06-14 | 9,786 | 9,786 | S/L | 15.0000 | ||||
| CORRAL GATES | 1999-06-16 | 855 | 855 | S/L | 7.0000 | ||||
| CEMENT FOR CORRALS | 1999-07-02 | 148 | 148 | S/L | 7.0000 | ||||
| WELL PUMP | 1999-08-30 | 293 | 293 | S/L | 7.0000 | ||||
| SUNDOWNER TRAILER | 2001-02-01 | 2,700 | 2,700 | S/L | 7.0000 | ||||
| TRACTOR W/ LOADER | 2001-03-07 | 10,500 | 10,500 | S/L | 7.0000 | ||||
| DIGGER/AUGER | 2001-03-18 | 368 | 368 | S/L | 7.0000 | ||||
| AIR COMP/ AUGER/ PUMP | 2001-06-11 | 751 | 751 | S/L | 7.0000 | ||||
| 3 POINT DIGGERS | 2001-06-14 | 299 | 299 | S/L | 7.0000 | ||||
| TRACKER MARINE BOAT | 2002-03-20 | 3,525 | 3,525 | S/L | 5.0000 | ||||
| FLEX HARROW | 2002-09-17 | 1,350 | 1,350 | S/L | 5.0000 | ||||
| 7110 CASE IH TRACTOR | 2002-09-27 | 19,750 | 19,750 | S/L | 7.0000 | ||||
| FEED BIN & GRAIN STORAGE | 2002-10-15 | 4,735 | 4,735 | S/L | 5.0000 | ||||
| CATTLE SHOOT | 2003-02-14 | 2,578 | 2,578 | S/L | 5.0000 | ||||
| ZEITLOW-HEAD SWEEP/PUMP | 2008-04-15 | 11,023 | 11,023 | S/L | 7.0000 | ||||
| CARDIN DRILL | 2008-07-08 | 4,500 | 4,500 | S/L | 7.0000 | ||||
| HOLLAND TRACTOR | 2008-09-16 | 35,000 | 35,000 | S/L | 7.0000 | ||||
| DISC | 2009-03-28 | 2,900 | 2,900 | 200DB | 7.0000 | ||||
| FEEDER (OK PRIDE) | 2011-01-16 | 3,250 | 3,250 | S/L | 7.0000 | ||||
| TRAILER ALUMINUM STOCK | 2011-04-22 | 16,659 | 16,659 | S/L | 7.0000 | ||||
| SHOW SHOP BUILDING | 2011-07-01 | 33,393 | 11,345 | S/L | 39.0000 | 856 | |||
| MILITARY VEHICLE | 2015-12-23 | 8,000 | 8,000 | S/L | 5.0000 | ||||
| 1510 NH FT LOADER, BOX, POST HOLE | 2016-02-13 | 17,468 | 17,468 | S/L | 7.0000 | ||||
| 10 F-250 CREW | 2018-04-09 | 33,890 | 33,890 | S/L | 5.0000 | ||||
| BARN 40' X 80' | 1997-09-30 | 11,641 | 8,072 | S/L | 39.0000 | 298 | |||
| BRUSHHOG | 2021-11-05 | 2,059 | 1,159 | 200DB | 7.0000 | 257 | |||
| 25 RAM 2500 | 2025-09-10 | 73,566 | 200DB | 5.0000 | 3,678 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| USB STOCK INVESTMENTS | 2,264,881 | 9,666,022 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING AND EQUIPMENT | 398,271 | 321,244 | 77,027 | 520,000 |
| LAND | 755,197 | 755,197 | 1,200,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 20,288 | 19,313 | 19,313 | 975 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COOP BOOK CREDITS | 14 | 14 | 14 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CATTLE PROGRAM SUPPLIES | 1,067 | 1,067 | ||
| BANK CHARGE | 514 | 514 | ||
| CONTRACT LABOR | 280 | 280 | ||
| INSURANCE | 2,338 | 2,338 | ||
| SUPPLIES | 8,304 | 8,304 | ||
| REPAIRS | 3,812 | 3,812 | ||
| MEALS | 416 | 416 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROX EXPLORATION | 4,535 | 4,535 | 4,535 |
| CASILLAS | 126,055 | 126,055 | 126,055 |
| VALIDUS | 34,216 | 34,216 | 34,216 |
| DAMAGES | 176,010 | 176,010 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GP TAX | 8,754 | 8,754 | ||
| OTHER | 5,950 | 5,665 | 5,665 | 285 |