| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PREPARE TAX RETURN | 700 | 0 | 0 | 700 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2011-06-01 | 12,750 | 2,550 | 53 | 40.00 % | 4,080 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SANDTEK CORPORATION | 19,050 | 19,050 |
| CHARLESSCHWAB |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 12,750 | 6,630 | 6,120 | 5,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEE | 60 | 60 | ||
| BANK SERVICE CHARGE | 18 | 18 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAX | 1,291 | 1,291 |