| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,114 | 0 | 0 | 2,114 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2005-01-01 | 44,838 | 44,838 | SL | 5.000000000000 | 0 | 0 | 0 | |
| VEHICLES | 2007-01-01 | 40,037 | 46,711 | SL | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2004-01-01 | 16,000 | 16,000 | SL | 5.000000000000 | 0 | 0 | 0 | |
| VEHICLES | 2008-01-01 | 10,964 | 9,137 | SL | 5.000000000000 | 0 | 0 | 0 | |
| VEHICLES | 2009-01-01 | 11,961 | 7,575 | SL | 5.000000000000 | 2,392 | 0 | 2,392 | |
| VEHICLES | 2010-01-01 | 11,961 | 5,183 | SL | 5.000000000000 | 2,392 | 0 | 2,392 | |
| LEASEHOLD IMPROVEMENT | 2011-01-01 | 100,588 | 7,824 | SL | 15.000000000000 | 6,706 | 0 | 6,706 | |
| VEHICLES | 2011-01-01 | 5,981 | 1,395 | SL | 5.000000000000 | 1,196 | 0 | 1,196 | |
| OFFICE FURNITURE | 2012-01-01 | 25,862 | 5,172 | SL | 5.000000000000 | 5,172 | 0 | 5,172 | |
| LEASEHOLD IMPROVEMENT | 2012-01-01 | 34,995 | 2,333 | SL | 15.000000000000 | 2,333 | 0 | 2,333 | |
| LEASEHOLD IMPROVEMENT | 2013-01-01 | 84,392 | SL | 15.000000000000 | 5,626 | 0 | 5,626 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 16,000 | 16,000 | 0 | |
| OFFICE FURNITURE | 44,838 | 44,838 | 0 | |
| VEHICLES | 40,037 | 40,037 | 0 | |
| VEHICLES | 10,964 | 9,137 | 1,827 | 1,827 |
| VEHICLES | 11,961 | 9,967 | 1,994 | 1,994 |
| VEHICLES | 11,961 | 7,575 | 4,386 | 4,386 |
| LEASEHOLD IMPROVEMENTS | 100,588 | 14,530 | 86,058 | 86,058 |
| VEHICLES | 5,981 | 2,591 | 3,390 | 3,390 |
| OFFICE FURNITURE | 25,861 | 10,344 | 15,517 | 15,517 |
| LEASEHOLD IMPROVEMENTS | 34,995 | 4,666 | 30,329 | 30,329 |
| LEASEHOLD IMPROVEMENTS | 84,392 | 5,626 | 78,766 | 78,766 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CLASSIC CARS | 6,417,295 | 6,517,296 | 6,748,618 |
| ANTIQUES | 1,544,315 | 1,591,924 | 1,591,924 |
| DEPOSITS | 250,000 | 250,000 | 250,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUILDING MAINTENANCE | 69,372 | 0 | 0 | 69,372 |
| REPAIRS & MAINTENANCE - VEHICLES | 153,160 | 0 | 0 | 153,160 |
| OFFICE EXPENSES | 21,054 | 0 | 0 | 21,051 |
| VEHICLE EXPENSE | 30,485 | 0 | 0 | 30,485 |
| UTILITIES | 53,203 | 0 | 0 | 53,203 |
| INSURANCE | 53,843 | 0 | 0 | 53,843 |
| POSTAGE | 25 | 0 | 0 | 25 |
| BANK FEES | 225 | 0 | 0 | 225 |
| REPAIRS & MAINTENANCE - ANTIQUES | 12,517 | 0 | 0 | 12,517 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 38,588 | 0 | 0 | 38,588 |