| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 730 | 0 | 0 | 730 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| HP LJ PRINTER | 2009-09-12 | 185 | 167 | SL | 5.0000 | 18 | |||
| FURNITURE | 2009-11-27 | 827 | 502 | SL | 7.0000 | 118 | |||
| FURNITURE & TV | 2009-12-19 | 449 | 267 | SL | 7.0000 | 64 | |||
| CAMERA | 2010-05-13 | 1,068 | 820 | SL | 5.0000 | 214 | |||
| CELL PHONE | 2011-06-22 | 154 | 83 | SL | 5.0000 | 31 | |||
| IPAD | 2011-11-23 | 546 | 245 | SL | 5.0000 | 109 | |||
| AUTO | 2012-10-19 | 63,506 | 19,052 | SL | 20.00 % | 12,701 | |||
| IPAD | 2013-12-20 | 697 | 23 | SL | 5.0000 | 139 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 63,506 | 31,753 | 31,753 | 25,000 |
| Furniture and Fixtures | 1,276 | 951 | 325 | 250 |
| Machinery and Equipment | 2,649 | 1,849 | 800 | 500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Automobile Expenses | 842 | 842 | ||
| Filing Fees | 55 | 55 | ||
| Insurance Expense | 1,199 | 1,199 | ||
| Meals and entertainments | 1,586 | 1,586 | ||
| Office Supplies | 574 | 574 | ||
| Parking Expenses | 25 | 25 | ||
| Postage Expense | 14 | 14 | ||
| Telephone Expense | 336 | 336 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Credit Card | 167 | 73 |
| Advance from Founder | 14,857 |