| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| WEBSITE | 2009-04-22 | 17,874 | 16,683 | 5.0000 | 1,191 | 17,874 | ||
| trademarks | 2012-01-17 | 1,500 | 192 | 15.0000 | 100 | 292 | ||
| trademarks | 2012-02-06 | 2,850 | 364 | 15.0000 | 190 | 554 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| computer | 2014-04-10 | 1,934 | 200DB | 20.00 % | 387 | ||||
| Leasehold improvements | 2014-10-08 | 30,904 | SL | 15.0000 | 515 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 1,934 | 387 | 1,547 | 1,934 |
| Improvements | 30,904 | 515 | 30,389 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| legal fees | 7,034 | 0 | 0 | 7,034 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOANS RECEIVABLE | 719 | 2,251 | |
| Net Intangible Assets | 4,985 | 3,504 | |
| prior year income receivable | 1,155 | ||
| SECURITY DEPOSIT | 2,900 | 3,200 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 1,481 | |||
| Auto expense | 13,542 | 13,542 | ||
| BANK FEES | 2,403 | 2,403 | ||
| catering | 18,316 | 18,316 | ||
| COMPUTER COSTS | 3,964 | 3,964 | ||
| consultation fees | 11,100 | 11,100 | ||
| DUES | 250 | 250 | ||
| EMPLOYEE BENEFITS | 20,612 | 20,612 | ||
| entertainment | 6,047 | 6,047 | ||
| FOREIGN TAXES | 192 | 192 | ||
| gifts | 647 | 647 | ||
| merchandising | 1,860 | 1,860 | ||
| OFFICE EXPENSES | 16,494 | 16,494 | ||
| OUTSIDE SERVICES | 3,310 | 3,310 | ||
| pension plan admin costs | 1,650 | 1,650 | ||
| per diems | 360 | 360 | ||
| PHOTOGRAPHY | 2,125 | 2,125 | ||
| POSTAGE | 7,666 | 7,666 | ||
| PROMOTION | 63,393 | 63,393 | ||
| rent | 42,550 | 42,550 | ||
| RESEARCH | 178 | 178 | ||
| RESEARCH | 522 | 522 | ||
| supplies | 34,030 | 34,030 | ||
| TELEPHONE | 12,263 | 12,263 | ||
| travel-airfare | 28,771 | 28,771 | ||
| travel-hotel | 29,401 | 29,401 | ||
| travel-local transportation | 5,885 | 5,885 | ||
| VIDEO COSTS | 2,000 | 2,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 2,197 | 2,197 | 2,197 |
| reimbursed expenses | 25,477 | ||
| STATE INC TAX REFUND | 15 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 71 | 71 | ||
| payroll taxes | 17,010 | 17,010 | ||
| state prior year | 100 | 100 |