| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND TAX | 11,771 | 0 | 0 | 11,771 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Windows | 2009-07-31 | 9,870 | 1,152 | 65 | 10.00 % | 987 | |||
| Blinds | 2010-01-31 | 1,587 | 227 | 57 | 24.49 % | 389 | |||
| Blinds | 2009-12-31 | 1,650 | 236 | 57 | 24.49 % | 404 | |||
| Scanner | 2009-02-04 | 2,940 | 1,529 | 53 | 19.20 % | 564 | |||
| Braile Printer | 2008-05-31 | 565 | 264 | 91 | 5.0000 | 113 | |||
| Computer | 2007-04-01 | 1,003 | 703 | 91 | 5.0000 | 201 | |||
| Copy machine | 2007-03-13 | 5,500 | 1,971 | 91 | 10.0000 | 550 | |||
| Desk | 2008-09-30 | 300 | 86 | 91 | 7.0000 | 43 | |||
| Cooling Condenser | 2005-05-18 | 2,441 | 1,301 | 91 | 10.0000 | 244 | |||
| Sink | 1994-04-01 | 1,614 | 682 | 87 | 2.56 % | 41 | |||
| Furnace | 2009-01-31 | 1,900 | 317 | 91 | 10.0000 | 190 | |||
| Remodel Office | 2008-09-01 | 10,000 | 533 | 87 | 2.56 % | 256 | |||
| Roofing | 2008-09-04 | 12,075 | 646 | 87 | 2.56 % | 310 | |||
| Exterior Sign | 2008-05-31 | 3,067 | 716 | 91 | 10.0000 | 307 | |||
| 2 Slabs | 2003-10-02 | 1,683 | 302 | 87 | 2.56 % | 43 | |||
| Roof & 2 Items in '01 | 2001-06-29 | 14,340 | 3,561 | 87 | 2.56 % | 368 | |||
| Electrical Work | 2000-04-20 | 2,206 | 592 | 87 | 2.56 % | 57 | |||
| Electric Door | 1999-02-25 | 1,177 | 351 | 87 | 2.56 % | 30 | |||
| Paving | 1995-07-01 | 1,962 | 629 | 87 | 2.56 % | 50 | |||
| 3719 Watson Rd | 1994-02-01 | 184,045 | 78,634 | 87 | 2.56 % | 4,719 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 40,000 | 40,000 | 40,000 | |
| Improvements | 59,268 | 12,642 | 46,626 | 46,626 |
| Buildings | 184,045 | 83,353 | 100,692 | 100,692 |
| Machinery and Equipment | 3,646 | 1,602 | 2,044 | 2,044 |
| Furniture and Fixtures | 19,304 | 12,992 | 6,312 | 6,312 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 1,028 | 0 | 0 | 1,028 |
| Description | Amount |
|---|---|
| Decrease in Market Value | 327,081 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Social Events | 12,757 | 12,757 | ||
| Payroll processing | 2,150 | 2,150 | ||
| Office Expense | 6,899 | 6,899 | ||
| Misc Expense | 2,443 | 2,443 | ||
| Fringes | 10,934 | 10,934 | ||
| FLOWERS | 72 | 72 | ||
| FEES | 453 | 453 | ||
| Advertising | 1,000 | 1,000 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| 10,555 | 10,194 | 361 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll | 10,706 | 10,706 | ||
| Excise | 12,637 | 12,637 |