| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2011-12-30 | 49,558 | 10,786 | 200DB | 12.49 % | 6,190 | |||
| EDITING SUITE | 2012-04-23 | 1,785 | 1,388 | 200DB | 14.81 % | 264 | |||
| DATOPTIC HD | 2013-12-16 | 742 | 148 | 200DB | 32.00 % | 237 | |||
| VIDEO PRODUCTION EQUIPMEN | 2013-08-15 | 20,587 | 2,942 | 200DB | 24.49 % | 5,042 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 72,672 | 26,997 | 45,675 | 45,675 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 60 | 0 | 0 | 60 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 267 | 267 | ||
| BUSINESS EXPENSES | 10,309 | 10,309 | ||
| CONTRACT SERVICES | 38,995 | 38,995 | ||
| OPERATIONS | 9,824 | 9,824 | ||
| PAYPAL FEES | 824 | 824 | ||
| Rental Expenses | 4,776 | 4,776 | ||
| SMALL EQUIPMENT PURCHASES | 7,844 | 7,844 | ||
| SOFTWARE | 1,080 | 1,080 | ||
| STUDIO EXPENSE | 9,885 | 9,885 | ||
| VIDEO PRODUCTION | 1,137 | 1,137 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF BIBLE STUDY DVD PRODUCTS | 265,321 | 265,321 |