| 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 | 2010-06-01 | 1,243 | 0 | EXP | 5 | 0 | 0 | 0 | |
| LAPTOP | 2012-09-17 | 964 | 501 | M | 5 | 185 | 0 | 0 | |
| POWER POINT PROJECTOR | 2012-09-01 | 350 | 182 | M | 5 | 67 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DESKTOP COMPUTER | 1,243 | 0 | 1,243 | 0 |
| LAPTOP | 964 | 0 | 964 | 0 |
| PROJECTOR | 350 | 0 | 350 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 1,837 | 0 | 0 | 0 |
| TELEPHONE | 733 | 0 | 0 | 0 |
| SECRETARIAL SERVICES | 11,684 | 0 | 0 | 0 |
| CORPORATE RENEWAL | 61 | 0 | 0 | 0 |
| WEB MAINTENANCE | 540 | 0 | 0 | 0 |
| OFFICE EXPENSE | 1,718 | 0 | 0 | 0 |
| DIRECT PROGRAM EXPENSE | 78,530 | 0 | 0 | 0 |