| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Video equipment | 2009-08-31 | 3,731 | 3,233 | SL | 5.0000 | 498 | |||
| Computer | 2009-11-15 | 2,317 | 1,929 | SL | 5.0000 | 388 | |||
| Computer | 2012-03-02 | 1,611 | 591 | SL | 5.0000 | 322 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 7,659 | 6,961 | 698 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 23,500 | 23,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foundation youth activities supplies | 7,019 | |||
| Insurance | 1,270 | |||
| Miscellaneous | 88 | |||
| Mission trip supplies & travel expenses | 10,390 |