| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 785 | 785 | 785 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DRAINAGE TILE | 2023-12-27 | 26,451 | 2,644 | S/L | 15.0000 | 1,764 | 1,764 | 1,764 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 100 PRINCIPAL HIGH YIELD INS |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 24.520 VANGUARD BALANCED INDEX ADM | 790 | 1,270 |
| 11 VANGUARD DEVELOPED MARKETS IDX AD | 131 | 221 |
| 41.103 BRANDYWINE GLOBAL HIGH YIELD | 413 | 417 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 1,667,044 | 1,667,044 | 1,895,404 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DRAINAGE TILE | 26,451 | 4,408 | 22,043 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL FARM | ||||
| CHEMICALS | 5,039 | 5,039 | 5,039 | |
| SEED | 1,357 | 1,357 | 1,357 | |
| FERTILIZER AND LIME | 14,313 | 14,313 | 14,313 | |
| GRAIN DRYING | 3,098 | 3,098 | 3,098 | |
| GRAIN STORAGE | 2,387 | 2,387 | 2,387 | |
| CROP INSURANCE PREMIUMS | 2,000 | 2,000 | 2,000 | |
| COMMODITY PROMOTION CHECKOFF | 235 | 235 | 235 | |
| SOIL TESTING | 495 | 495 | 495 | |
| MANAGEMENT FEES | 6,523 | 6,523 | 6,523 | |
| REAL ESTATE TAXES | 9,583 | 9,583 | 9,583 | |
| FARM PROPERTY INSURANCE | 302 | 302 | 302 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO BALANCE CASH | 25,443 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IL-990 FEE | 15 | 15 | 15 |