| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| accounting fees | 11,000 | 0 | 0 | 11,000 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| trademarks | 2012-01-17 | 1,500 | 292 | 15.0000 | 100 | 392 | ||
| trademarks | 2012-02-06 | 2,850 | 554 | 15.0000 | 190 | 744 |
| 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 | 2014-04-10 | 1,934 | 387 | 200DB | 32.00 % | 619 | |||
| Leasehold improvements | 2014-10-08 | 30,904 | 515 | SL | 15.0000 | 2,060 | |||
| Computer | 2015-05-01 | 989 | 200DB | 20.00 % | 198 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 2,923 | 1,204 | 1,719 | 1,719 |
| Improvements | 30,904 | 2,575 | 28,329 | 28,329 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| legal fees | 38,048 | 0 | 0 | 38,048 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 3,504 | 3,214 | 3,214 |
| prior year income receivable | 1,155 | 443 | |
| SECURITY DEPOSIT | 3,200 | 3,200 |
| Description | Amount |
|---|---|
| FEDERAL TAXES PAID PY | 1,161 |
| FOREIGN TAXES PAID | 253 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 290 | |||
| Auto expense | 12,089 | 12,089 | ||
| BANK FEES | 1,242 | 1,242 | ||
| catering | 22,887 | 22,887 | ||
| COMPUTER COSTS | 4,299 | 4,299 | ||
| DUES | 400 | 400 | ||
| EMPLOYEE BENEFITS | 23,000 | 23,000 | ||
| entertainment | 2,157 | 2,157 | ||
| FURNISHINGS | 3,167 | 3,167 | ||
| gifts | 194 | 194 | ||
| INSURANCE | 7,461 | 7,461 | ||
| MESSENGER | 365 | 365 | ||
| moving and storage | 2,300 | 2,300 | ||
| OFFICE EXPENSES | 36,493 | 36,493 | ||
| OUTSIDE SERVICES | 12,247 | 12,247 | ||
| pension plan admin costs | 1,414 | 1,414 | ||
| POSTAGE | 10,964 | 10,964 | ||
| PROMOTION | 50,855 | 50,855 | ||
| rent | 38,784 | 38,784 | ||
| rent-equipment | 1,087 | 1,087 | ||
| repairs and maintenance | 3,200 | 3,200 | ||
| RESEARCH | 714 | 714 | ||
| security | 667 | 667 | ||
| supplies | 23,506 | 23,506 | ||
| TELEPHONE | 14,596 | 14,596 | ||
| travel-airfare | 31,924 | 31,924 | ||
| travel-hotel | 23,604 | 23,604 | ||
| travel-local transportation | 7,740 | 7,740 | ||
| travel-miscellaneous | 6,246 | 6,246 | ||
| VIDEO COSTS | 1,000 | 1,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 2,021 | ||
| reimbursed expenses | 78,689 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| licenses and permits | 61 | 61 | ||
| payroll taxes | 22,789 | 22,789 | ||
| state prior year | 160 | 160 |