| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Prepare Tax Return | 625 | 0 | 0 | 625 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TOUCH TABLET | 2013-03-08 | 648 | 53 | 20.00 % | 130 | ||||
| SCANNER & PRINTER | 2013-03-01 | 2,945 | 53 | 20.00 % | 589 | ||||
| EQUIPMENT | 2012-11-01 | 3,673 | 184 | 53 | 38.00 % | 1,396 | |||
| NOTEBOOK | 2011-11-30 | 1,369 | 588 | 53 | 40.00 % | 312 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 8,635 | 3,199 | 5,436 | 4,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office Supplies | 280 | 280 | ||
| Office Expense | 10 | 10 | ||
| Filing Fees | 60 | 60 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Income Tax - IRS | 11 | 11 |