| 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 | 2013-01-08 | 11,332 | 2,266 | SL | 5.000000000000 | 2,266 | 0 | ||
| COMPUTER EQUIPMENT | 2014-02-10 | 4,991 | SL | 5.000000000000 | 915 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 11,332 | 4,532 | 6,800 | |
| COMPUTER EQUIPMENT | 4,991 | 915 | 4,076 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,947 | 0 | 5,947 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS EXPENSE | 437 | 0 | 437 | |
| INSURANCE | 13,348 | 0 | 13,348 | |
| MISCELLANEOUS | 527 | 0 | 527 | |
| ADVERTISING | 18,858 | 0 | 18,858 | |
| STAFF DEVELOPMENT | 1,046 | 0 | 1,046 |
| Description | Amount |
|---|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS PAYABLE | 457 | 1,767 |
| PAYROLL LIABILITIES | 7,270 | 16,964 |
| OVERDRAWN ACCOUNT | 17,364 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 8,925 | 0 | 8,925 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX PAYMENT | 7 | 0 | 7 |