| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Genesis 54" Trailer | 2021-09-28 | 2,250 | 1,463 | SL | 5.000000000000 | 450 | 0 | 0 | |
| Hoyer Lift | 2021-11-15 | 2,967 | 1,878 | SL | 5.000000000000 | 593 | 0 | 0 | |
| RS Venture Connect #1 | 2021-09-28 | 21,500 | 6,988 | SL | 10.000000000000 | 2,150 | 0 | 0 | |
| Catalina Independence 20 | 2023-10-25 | 18,000 | 2,100 | SL | 10.000000000000 | 1,800 | 0 | 0 | |
| M/V Grazie | 2025-08-22 | 20,000 | SL | 10.000000000000 | 667 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Genesis 54" Trailer | 2,250 | 1,913 | 337 | |
| Hoyer Lift | 2,967 | 2,471 | 496 | |
| RS Venture Connect #1 | 21,500 | 9,138 | 12,362 | |
| Catalina Independence 20 | 18,000 | 3,900 | 14,100 | |
| M/V Grazie | 20,000 | 667 | 19,333 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Boat Expenses | 18,265 | 0 | 0 | 18,265 |
| Boat Parts | 2,957 | 0 | 0 | 2,957 |
| Boat Storage | 4,080 | 0 | 0 | 4,080 |
| Insurance | 6,437 | 0 | 0 | 6,437 |
| Licenses | 43 | 0 | 0 | 43 |
| Marketing | 3,987 | 0 | 0 | 3,987 |
| Membership Fees | 339 | 0 | 0 | 339 |
| Bank Fees | 36 | 0 | 0 | 0 |
| Annual Report | 80 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Wendling Noe Nelson & Johnson LLC (Tax Services) | 1,133 | 0 | 0 | 0 |