| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PANDA ACCOUNTING | 3,318 | 0 | 0 | 3,318 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4X4 GATOR | 2006-10-04 | 9,815 | 9,815 | SL | 7.000000000000 | 0 | 0 | 0 | |
| AIR COMPRESSOR | 2005-01-02 | 250 | 250 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BLANKETS | 2005-01-02 | 1,000 | 1,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER & EQUIP | 2005-01-02 | 1,800 | 1,800 | SL | 5.000000000000 | 0 | 0 | 0 | |
| DRAFT HALTERS & LEAD | 2005-01-02 | 400 | 400 | SL | 7.000000000000 | 0 | 0 | 0 | |
| DUMP TRAILER | 2005-01-02 | 4,500 | 4,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FLAGS & COSTUMES | 2005-01-02 | 1,200 | 1,200 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FLAT BED TRLR-18 FT | 2005-01-02 | 2,000 | 2,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIRE-THUNDER | 2006-05-20 | 8,000 | 8,000 | SL | 10.000000000000 | 0 | 0 | 0 | |
| SHOE FORGE & SUPP | 2005-01-02 | 1,500 | 1,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHOW HARNESSES | 2005-01-02 | 24,000 | 24,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TOOLS & CABINET | 2005-01-02 | 1,500 | 1,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TRACTOR ATTACHMENTS | 2005-01-02 | 2,200 | 2,200 | SL | 7.000000000000 | 0 | 0 | 0 | |
| WAGON COVER | 2005-01-02 | 500 | 500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| WELDER & GENERATOR | 2005-01-02 | 3,000 | 3,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| WORK HARNESS | 2005-01-02 | 7,200 | 7,200 | SL | 7.000000000000 | 0 | 0 | 0 | |
| YANMAR TRACTOR | 2005-01-02 | 3,500 | 3,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TRAILER-STEVE HONE | 2008-03-04 | 4,000 | 4,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| 1997 SUZUKI MINI-TRUCK | 2009-05-27 | 5,500 | 5,500 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FORD DOOLIE PU-2000 | 2005-01-02 | 28,135 | 28,135 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FORD LONGBED PU-1996 | 2005-01-02 | 15,025 | 15,025 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FREIGHTLINER-2000 | 2005-01-02 | 48,900 | 48,900 | SL | 5.000000000000 | 0 | 0 | 0 | |
| GRAIN CONTAINER | 2005-01-02 | 1,500 | 1,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HART HORSE TRLR-2000 | 2005-01-02 | 31,850 | 31,850 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HAY ELEVATOR | 2005-01-02 | 350 | 350 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HONDA GENERATOR | 2005-01-02 | 600 | 600 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HORSE HOT WALKER | 2005-01-02 | 1,500 | 1,500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MATTRESSES | 2005-01-02 | 300 | 300 | SL | 7.000000000000 | 0 | 0 | 0 | |
| METAL TRAINING PEN | 2005-01-02 | 1,800 | 1,800 | SL | 7.000000000000 | 0 | 0 | 0 | |
| PACE WAGON TRLR-2000 | 2005-01-02 | 9,800 | 9,800 | SL | 7.000000000000 | 0 | 0 | 0 | |
| POWER WASHER | 2005-01-02 | 700 | 700 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIPPING BOOTS | 2005-01-02 | 360 | 360 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIRE STOCK TRLR-93 | 2005-01-02 | 10,000 | 10,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HITCH WAGON & HARNESSES | 2010-08-26 | 14,000 | 14,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIRE HORSES-2 GELDINGS | 2010-01-10 | 12,000 | 12,000 | SL | 10.000000000000 | 0 | 0 | 0 | |
| 4 STAR HORSE TRAILER | 2010-08-26 | 17,000 | 17,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CATERPILLAR BACKHOE | 2010-05-15 | 45,000 | 39,109 | SL | 7.000000000000 | 0 | 0 | 0 | |
| OAK DISPLAY CABINETS | 2011-01-21 | 5,000 | 3,183 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HORSE HARNESS-LONG | 2011-01-21 | 40,000 | 25,459 | SL | 7.000000000000 | 0 | 0 | 0 | |
| IRRIGATION PIVOT | 2012-06-20 | 3,631 | 2,330 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIRE-HENRY | 2013-12-01 | 4,500 | 3,023 | SL | 10.000000000000 | 0 | 0 | 0 | |
| SHIRE-BRAVE | 2013-12-08 | 5,750 | 3,862 | SL | 10.000000000000 | 0 | 0 | 0 | |
| RED MASSEY TRACTOR | 2010-05-15 | 29,500 | 26,323 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SHIRE-JENSEN'S SAILOR | 2021-11-22 | 5,333 | 2,671 | 200DB | 10.000000000000 | 532 | 0 | 533 | |
| SHIRE- JENSEN'S CASH | 2021-11-22 | 5,334 | 2,672 | 200DB | 10.000000000000 | 532 | 0 | 533 | |
| POLARIS RANGER | 2022-08-01 | 34,525 | 12,330 | SL | 7.000000000000 | 4,932 | 0 | 4,932 | |
| SPOLARIS 850 4-WHEELER | 2022-08-01 | 18,000 | 6,428 | SL | 7.000000000000 | 2,571 | 0 | 2,571 | |
| SHIRE OLLIE | 2021-11-22 | 5,333 | 2,671 | 200DB | 10.000000000000 | 532 | 0 | 533 | |
| SHIRE HORSE - 1 GELDING | 2010-01-10 | 6,000 | 6,000 | SL | 10.000000000000 | 0 | 0 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| FORD LONGBED PU-1996 | PURCHASED | 19,000 | COST | 0 | 19,000 | 15,025 | ||||
| SHIRE HORSE - 1 GELDING | PURCHASED | COST | 0 | 12,000 | ||||||
| SHIRE-HENRY | PURCHASED | COST | 0 | -1,477 | 3,023 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4X4 GATOR | 9,815 | 9,815 | 0 | 0 |
| AIR COMPRESSOR | 250 | 250 | 0 | 0 |
| BLANKETS | 1,000 | 1,000 | 0 | 0 |
| COMPUTER & EQUIP | 1,800 | 1,800 | 0 | 0 |
| DRAFT HALTERS & LEAD | 400 | 400 | 0 | 0 |
| DUMP TRAILER | 4,500 | 4,500 | 0 | 0 |
| FLAGS & COSTUMES | 1,200 | 1,200 | 0 | 0 |
| FLAT BED TRLR-18 FT | 2,000 | 2,000 | 0 | 0 |
| SHIRE-THUNDER | 8,000 | 8,000 | 0 | 0 |
| SHOE FORGE & SUPP | 1,500 | 1,500 | 0 | 0 |
| SHOW HARNESSES | 24,000 | 24,000 | 0 | 0 |
| TOOLS & CABINET | 1,500 | 1,500 | 0 | 0 |
| TRACTOR ATTACHMENTS | 2,200 | 2,200 | 0 | 0 |
| WAGON COVER | 500 | 500 | 0 | 0 |
| WELDER & GENERATOR | 3,000 | 3,000 | 0 | 0 |
| WORK HARNESS | 7,200 | 7,200 | 0 | 0 |
| YANMAR TRACTOR | 3,500 | 3,500 | 0 | 0 |
| TRAILER-STEVE HONE | 4,000 | 4,000 | 0 | 0 |
| 1997 SUZUKI MINI-TRUCK | 5,500 | 5,500 | 0 | 0 |
| FORD DOOLIE PU-2000 | 28,135 | 28,135 | 0 | 0 |
| FREIGHTLINER-2000 | 48,900 | 48,900 | 0 | 0 |
| GRAIN CONTAINER | 1,500 | 1,500 | 0 | 0 |
| HART HORSE TRLR-2000 | 31,850 | 31,850 | 0 | 0 |
| HAY ELEVATOR | 350 | 350 | 0 | 0 |
| HONDA GENERATOR | 600 | 600 | 0 | 0 |
| HORSE HOT WALKER | 1,500 | 1,500 | 0 | 0 |
| MATTRESSES | 300 | 300 | 0 | 0 |
| METAL TRAINING PEN | 1,800 | 1,800 | 0 | 0 |
| PACE WAGON TRLR-2000 | 9,800 | 9,800 | 0 | 0 |
| POWER WASHER | 700 | 700 | 0 | 0 |
| SHIPPING BOOTS | 360 | 360 | 0 | 0 |
| SHIRE STOCK TRLR-93 | 10,000 | 10,000 | 0 | 0 |
| HITCH WAGON & HARNESSES | 14,000 | 14,000 | 0 | 0 |
| 4 STAR HORSE TRAILER | 17,000 | 17,000 | 0 | 0 |
| CATERPILLAR BACKHOE | 45,000 | 39,109 | 5,891 | 5,891 |
| OAK DISPLAY CABINETS | 5,000 | 3,183 | 1,817 | 1,817 |
| HORSE HARNESS-LONG | 40,000 | 25,459 | 14,541 | 14,541 |
| IRRIGATION PIVOT | 3,631 | 2,330 | 1,301 | 1,301 |
| SHIRE-BRAVE | 5,750 | 3,862 | 1,888 | 1,888 |
| RED MASSEY TRACTOR | 29,500 | 26,323 | 3,177 | 3,177 |
| SHIRE-JENSEN'S SAILOR | 5,333 | 3,203 | 2,130 | 2,130 |
| SHIRE- JENSEN'S CASH | 5,334 | 3,204 | 2,130 | 2,130 |
| POLARIS RANGER | 34,525 | 17,262 | 17,263 | 17,263 |
| SPOLARIS 850 4-WHEELER | 18,000 | 8,999 | 9,001 | 9,001 |
| SHIRE OLLIE | 5,333 | 3,203 | 2,130 | 2,130 |
| SHIRE HORSE - 1 GELDING | 6,000 | 6,000 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 287 | 0 | 0 | 288 |
| FARM LABOR | 280 | 0 | 0 | 280 |
| FUEL | 3,935 | 0 | 0 | 3,935 |
| HAY & FEED | 2,811 | 0 | 0 | 2,811 |
| INSURANCE | 4,541 | 0 | 0 | 4,541 |
| MAINTENANCE | 5,763 | 0 | 0 | 5,763 |
| PPA EXPENSE | 5,883 | 0 | 0 | 5,883 |
| SUPPLIES | 2,323 | 0 | 0 | 2,323 |
| VEHICLE EXPENSE | 5,724 | 0 | 0 | 5,724 |
| VETERENARIAN | 997 | 0 | 0 | 997 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 711 | 0 | 0 | 711 |