| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAPTOP COMPUTER | 2011-01-01 | 500 | SL | 1000 % | 50 | ||||
| REFRIGERATOR | 2011-01-01 | 500 | SL | 1000 % | 50 | ||||
| GENERATOR | 2011-01-01 | 600 | SL | 1000 % | 60 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT PURCHASED | 1,600 | 160 | 1,440 | 1,440 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOOD | 3,147 | 0 | 3,147 | 3,147 |
| GAS | 3,956 | 0 | 3,956 | 3,956 |
| TAX PREPARATION | 100 | 0 | 100 | 100 |
| KNIVES | 151 | 0 | 151 | 151 |
| COMPUTER REPAIR | 144 | 0 | 144 | 144 |
| SPORTSMANS GUIDE | 508 | 0 | 508 | 508 |
| MISC EXPENSE | 300 | 0 | 300 | 300 |
| GARAGE REPAIRS FOR CHARITY | 6,235 | 0 | 6,235 | 6,235 |