| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,850 | 0 | 0 | 3,850 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRACTOR | 2020-06-16 | 22,822 | 10,269 | SL | 10.000000000000 | 2,282 | 0 | 0 | |
| VAN | 2020-06-17 | 29,498 | 29,498 | SL | 4.000000000000 | 0 | 0 | 0 | |
| POLARIS | 2023-10-23 | 28,655 | 6,686 | SL | 5.000000000000 | 5,731 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TRACTOR | 22,822 | 12,551 | 10,271 | |
| VAN | 29,498 | 29,498 | 0 | |
| POLARIS | 28,655 | 12,417 | 16,238 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN RECEIVABLE | 9,195 | 0 | 0 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO LOAN RECEIVABLE | 9,195 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FUEL | 377 | 0 | 0 | 377 |
| INSURANCE | 3,310 | 0 | 0 | 3,310 |
| SUPPLIES | 8,992 | 0 | 0 | 8,992 |
| VETERINARIAN EXPENSES | 7,919 | 0 | 0 | 7,919 |
| UTILITIES | 7,150 | 0 | 0 | 7,150 |
| WEBSITE | 319 | 0 | 0 | 319 |
| VAN SERVICE | 181 | 0 | 0 | 181 |
| LATE FEE | 10 | 0 | 0 | 10 |
| OTHER EXPENSE | 9 | 0 | 0 | 9 |
| MISCELLANEOUS | 830 | 0 | 0 | 830 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,142 | 0 | 0 | 2,142 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PUBLIC CHARITY FEES | 50 | 0 | 0 | 50 |
| PAYROLL TAXES | 4,391 | 0 | 0 | 4,391 |