| 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 | 2014-08-05 | 15,400 | 3,080 | M | 5 | 4,928 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Software & Server | 15,400 | 8,008 | 7,392 | 4,500 |
| Item No. | 1 |
|---|---|
| Lender's Name | PRATIK SHAH |
| Lender's Title | TRUSTEE |
| Original Amount of Loan | 9055 |
| Balance Due | 0 |
| Date of Note | 2015-09 |
| Maturity Date | 2016-09 |
| Repayment Terms | NONE |
| Interest Rate | 0 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | DEPOSIT FOR GRANT PLEDGE |
| Description of Lender Consideration | NONE |
| Consideration FMV | 9055 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 35 | 0 | 0 | 0 |