| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,550 | 350 | 350 | 1,200 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SONY CAMERA | 2010-01-15 | 2,000 | 1,400 | SL | 20.00 % | 400 | |||
| VAN | 2013-09-25 | 2,500 | 250 | SL | 20.00 % | 500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 2,500 | 750 | 1,750 | 1,750 |
| Machinery and Equipment | 2,000 | 1,800 | 200 | 200 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT SERVICES | 18,000 | 18,000 | ||
| EXCHANGE RATE | 339 | 339 | ||
| MISCELLANEOUS EXPENSE | 54 | 54 | ||
| OFFICE EXPENSE | 200 | 200 | ||
| REGISTRATION FEES | 60 | 60 | ||
| TELEPHONE | 157 | 157 | ||
| WEBSITE | 1,200 | 1,200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MEDICAL SERVICES | 600 | 0 | 0 | 600 |
| Name | Address |
|---|---|
| LIFE CHURCH |
3912 PULASKI PIKE HUNTSVILLE,AL35810 |