| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PROJECTOR | 2002-10-28 | 1,333 | 1,333 | SL | 5 | ||||
| FAX MACHINE | 2005-03-25 | 215 | 215 | SL | 5 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROJECTOR | 1,333 | 1,333 | ||
| FAX MACHINE | 215 | 215 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 828 | 828 | ||
| POSTAGE AND SHIPPING | 36,774 | 36,774 | ||
| DISTRIBUTED PUBLICATIONS | 215,002 | 215,002 | ||
| MISSION OUTREACH-INTERNET | 45,039 | 45,039 | ||
| BANK & CREDIT CARD FEES | 1,929 | 1,929 | ||
| WEBSITE HOSTING | 503 | 503 | ||
| OFFICE SUPPLIES | 968 | 968 | ||
| MISCELLANEOUS | 308 | 308 | ||
| POST OFFICE BOX RENTAL | 606 | 606 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,108 | 5,108 |