| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,065 | 5 | 217 | 843 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2007-05-28 | 2,015 | 1,259 | 54 | 20.00 % | 403 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 2,015 | 1,662 | 353 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WORKSHOP EXPENSES | 4,664 | 4,664 | ||
| TELEPHONE | 1,353 | 7 | 276 | 1,071 |
| SUPPLIES | 92 | 19 | 73 | |
| POSTAGE | 95 | 19 | 75 | |
| INSURANCE | 738 | 4 | 150 | 584 |
| BANK CHARGES | 8 | 2 | 6 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| WORKSHOPS | 5,750 | 5,750 |