| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2013-06-15 | 240,000 | L | 0 | 0 | 0 | |||
| BUILDINGS | 2013-06-15 | 960,000 | 281,521 | SL | 39.500000000000 | 24,304 | 0 | 24,304 | |
| ROOF | 2013-11-15 | 38,000 | 10,742 | SL | 39.500000000000 | 962 | 0 | 962 | |
| IMPROVEMENTS | 2014-05-15 | 51,810 | 13,994 | SL | 39.500000000000 | 1,312 | 0 | 1,312 | |
| IMPROVEMENTS | 2015-03-15 | 19,010 | 4,730 | SL | 39.500000000000 | 481 | 0 | 481 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | FMV | 6,398,247 | 7,709,486 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 240,000 | 0 | 240,000 | |
| BUILDINGS | 960,000 | 305,825 | 654,175 | |
| ROOF | 38,000 | 11,704 | 26,296 | |
| IMPROVEMENTS | 51,810 | 15,306 | 36,504 | |
| IMPROVEMENTS | 19,010 | 5,211 | 13,799 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ATTORNEY FEES AND TAX PREPARATION | 31,887 | 15,944 | 15,943 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS & MAINTENENCE | 87,406 | 0 | 0 | 87,406 |
| SECURITY | 1,454 | 0 | 0 | 1,454 |
| UTILITIES | 9,695 | 0 | 0 | 9,695 |
| BANK AND INVESTMENT MANAGEMENT FEES | 81,666 | 81,666 | 81,666 | 0 |
| INSURANCE | 80,513 | 0 | 0 | 80,513 |
| SUPPLIES | 289 | 0 | 0 | 289 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER SERVICE PROVIDERS | 11,146 | 0 | 0 | 11,146 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 2,867 | 2,867 | 2,867 | 0 |
| FEDERAL TAX | 5,366 | 0 | 0 | 0 |
| REAL ESTATE TAX | 62,829 | 0 | 0 | 62,829 |