| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Improvements | 19,565 | 19,565 | 19,565 | |
| Land | 725,839 | 725,839 | 1,120,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 25 | |||
| OFFICE EXPENSES | 12 | |||
| PROFESSIONAL FEES | 925 | |||
| Rental Expenses | 4,626 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Rental Income - Noninvestment Property | 29,978 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 386 |