| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 1,350 | 0 | 0 | 1,350 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Mac Computer | 2010-04-01 | 1,974 | 691 | 91 | 5.0000 | 395 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Fidelity Investments - Corporate Bonds | 105,238 | 105,238 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Fidelity Investments - Mutual Funds | 1,775,543 | 1,775,543 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Miscellaneous | 1,974 | 1,086 | 888 | |
| Machinery and Equipment | 888 |
| Description | Amount |
|---|---|
| Federal income tax provision | 6,614 |
| Book/tax difference-realized gain on securities | 151,476 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Telephone | 1,515 | 1,515 | ||
| Office expenses | 1,390 | 1,390 | ||
| Ministry expenses | 17,504 | 17,504 | ||
| Insurance | 470 | 470 | ||
| Books | 139 | 139 |
| Description | Amount |
|---|---|
| Unrealized gain on securities, book basis | 64,844 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Federal Income Tax Payable | 540 | 4,554 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 16,831 | 16,831 | 16,831 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| State taxes & licenses | 85 | 85 | ||
| Foreign tax w/h on dividend income | 1,694 | 1,694 | 1,694 |