| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 7,825 | 7,825 |
| Person Name | Explanation |
|---|---|
| JONG-DEOK KIM |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENT | 2004-01-01 | 306,401 | 65,471 | S/L | 39.0000 | 7,856 | 7,856 | 7,856 | |
| LAND | 1996-09-03 | 1,006,625 | |||||||
| BUILDING | 1996-09-03 | 3,799,985 | 1,592,469 | S/L | 39.0000 | 97,436 | 97,436 | 97,436 | |
| LEASEHOLD IMPROVEMENT | 2008-06-30 | 195,877 | 12,765 | S/L | 39.0000 | 5,023 | 5,023 | 5,023 | |
| SECURITY CAMERA | 2009-09-01 | 4,926 | 3,418 | 200DB | 7.0000 | 431 | 431 | 431 | |
| LEASEHOLD IMPROVEMENTS | 2011-09-28 | 36,928 | S/L | 39.0000 | 276 | 276 | 276 | ||
| EQUIPMENT | 2000-01-01 | 96,824 | 200DB | 7.0000 | |||||
| EQUIPMENT | 2003-01-01 | 82,851 | 82,851 | 200DB | 7.0000 | ||||
| PROJECTOR | 2007-08-09 | 1,057 | 727 | 200DB | 7.0000 | 94 | |||
| APPLE IMAC COMPUTER | 2009-08-19 | 1,605 | 1,220 | 200DB | 5.0000 | 154 | |||
| DELL COMPUTER | 2011-04-21 | 519 | 200DB | 5.0000 | 104 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| GENERAL ELECTIONS | YEAR ENDED: DECEMBER 31, 2011 54-1822381 KOREA US SCIENCE COOPERATION CENTER 1952 GALLOWS ROAD SUITE 330 330 VIENNA, VA 22182 ELECTING OUT OF BONUS DEPRECIATION ALLOWANCE FOR 5-YEAR PROPERTY THE TAXPAYER ELECTS OUT OF FIRST-YEAR BONUS DEPRECIATION ALLOWANCE UNDER IRC SECTION 168(K) FOR 5-YEAR DEPRECIABLE PROPERTY ACQUIRED AFTER DECEMBER 31, 2007. THIS ELECTION APPLIES TO ALL SUCH QUALIFIED BONUS DEPRECIATION PROPERTY PLACED IN SERVICE DURING THE TAX YEAR. YEAR ENDED: DECEMBER 31, 2011 54-1822381 KOREA US SCIENCE COOPERATION CENTER 1952 GALLOWS ROAD SUITE 330 330 VIENNA, VA 22182 ELECTING OUT OF BONUS DEPRECIATION ALLOWANCE FOR 7-YEAR PROPERTY THE TAXPAYER ELECTS OUT OF FIRST-YEAR BONUS DEPRECIATION ALLOWANCE UNDER IRC SECTION 168(K) FOR 7-YEAR DEPRECIABLE PROPERTY ACQUIRED AFTER DECEMBER 31, 2007. THIS ELECTION APPLIES TO ALL SUCH QUALIFIED BONUS DEPRECIATION PROPERTY PLACED IN SERVICE DURING THE TAX YEAR. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4,526,973 | 1,870,295 | 2,656,678 | 7,500,000 | |
| 1,006,625 | 1,006,625 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL PROPERTY | 5,875 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT | 3,200 | 3,200 | 3,200 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL PROPERTY | ||||
| BANK SERVICE CHARGES | 234 | 234 | 234 | |
| CAR EXPENSES | 4,800 | 4,800 | 4,800 | |
| DUES & PUBLICATION | 50 | 50 | 50 | |
| OFFICE EXPENSES | 2,631 | 2,631 | 2,631 | |
| TELEPHONE | 3,518 | 3,518 | 3,518 | |
| SECURITY SERVICE | 10,553 | 10,553 | 10,553 | |
| ADVERTISING | 947 | 947 | 947 | |
| SUPPLIES | 3,096 | 3,096 | 3,096 | |
| EXPENSES | ||||
| ADMIN. & GENERAL EXPENSES | 30,718 | 30,718 | ||
| PENALTIES | 60 | 60 | ||
| SCIENTIFIC SUPPORT ACTIVITIES | 30,641 | 30,641 | ||
| SCIENTIFIC ACTIVITIES | 1,333,945 | 1,333,945 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANTS RENTAL SECURITY DEPOSIT | 74,463 | 79,355 |
| NOTES PAYABLE | 250,000 | 400,000 |
| PAYROLL TAXES PAYABLE | 4,044 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL PROPERTY | 6,998 | 6,998 | 6,998 | |
| INDIRECT OTHER PROFESSIONAL FEES | 1,075 | 1,075 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 25 | 25 |