| 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 |
|---|---|---|---|---|---|---|---|---|---|
| JOHN DEERE 300GLC | 2023-04-07 | 178,000 | 62,300 | SL | 500 % | 35,600 | |||
| FECON BH80 | 2023-04-07 | 55,867 | 19,553 | SL | 500 % | 11,174 | |||
| CATERPILLAR TRACK SKID STEER 259D3 | 2023-09-03 | 44,000 | 11,733 | SL | 500 % | 8,800 | |||
| STORAGE BUILDING | 2024-02-22 | 23,805 | 509 | SL | 3900 % | 610 | |||
| BUILDING IMPROVEMENT | 2024-03-25 | 1,149 | 77 | SL | 1500 % | 76 | |||
| Polaris Ranger Crew XD | 2024-02-05 | 54,356 | 9,965 | SL | 500 % | 10,871 | |||
| John Deere 5095M | 2024-06-20 | 96,526 | 9,653 | SL | 500 % | 19,305 | |||
| John Deere 540M Loader | 2024-06-20 | 8,983 | 898 | SL | 500 % | 1,797 | |||
| HD Utility Bucket | 2024-06-20 | 2,320 | 232 | SL | 500 % | 464 | |||
| Fabick Cat Bucket B304 | 2024-03-01 | 3,700 | 617 | SL | 500 % | 740 | |||
| Renegade Mower | 2024-02-07 | 14,202 | 2,604 | SL | 500 % | 2,840 | |||
| Bobcat Tractor | 2024-10-10 | 35,448 | 1,772 | SL | 500 % | 7,090 | |||
| Polaris 1 | 2025-01-23 | 6,800 | 0 | SL | 500 % | 1,247 | |||
| Polaris 2 | 2025-03-03 | 47,994 | 0 | SL | 500 % | 7,999 | |||
| Frontier RT2308 | 2025-06-25 | 11,700 | 0 | SL | 500 % | 1,170 | |||
| GMC SAVANA 2500 | 2025-10-07 | 65,150 | 0 | SL | 500 % | 3,258 | |||
| John Deere Track Loader | 2025-07-08 | 98,136 | 0 | SL | 500 % | 9,814 | |||
| John Deere 1 1/8 DROT BUC 2CYL | 2025-07-08 | 2,731 | 0 | SL | 500 % | 273 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 1,950,000 | 0 | 1,950,000 | 1,950,000 |
| BUILDINGS | 23,805 | 1,119 | 22,686 | 22,686 |
| BUILDING IMPROVEMENTS | 1,149 | 153 | 996 | 996 |
| MACHINERY | 725,913 | 241,769 | 484,144 | 484,144 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 30 | 15 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Finance Lease Liability | 0 | 86,858 |