| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2010-09-01 | 4,378 | 3,401 | 200DB | 7.000000000000 | 391 | 0 | 625 | |
| COMPUTER EQUIPMENT | 2010-08-23 | 5,511 | 5,194 | 200DB | 5.000000000000 | 317 | 0 | 317 | |
| FURNITURE | 2011-06-30 | 10,287 | 7,073 | 200DB | 7.000000000000 | 918 | 0 | 1,470 | |
| OFFICE EQUIPMENT | 2011-06-30 | 4,366 | 3,611 | 200DB | 5.000000000000 | 503 | 0 | 755 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUITIES | AT COST | 52,596,370 | 53,756,954 |
| FIXED INCOME | AT COST | 16,655,120 | 16,682,368 |
| OTHER INVESTMENTS | AT COST | 23,569,875 | 26,680,846 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 4,378 | 3,792 | 586 | 586 |
| COMPUTER EQUIPMENT | 5,511 | 5,511 | 0 | 0 |
| FURNITURE | 10,287 | 7,991 | 2,296 | 2,296 |
| OFFICE EQUIPMENT | 4,366 | 4,114 | 252 | 252 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNEMPLOYMENT BOND | 230 | 230 | 230 |
| SECURITY DEPOSIT | 3,500 | 3,500 | 3,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 1,808 | 0 | 0 | 1,808 |
| INSURANCE | 51,544 | 0 | 0 | 51,544 |
| MISCELLANEOUS | 35,118 | 0 | 0 | 35,118 |
| PAYROLL TAXES | 2,599 | 0 | 0 | 2,599 |
| LOSS FROM K-1S | 237,011 | 115,471 | 0 | 121,540 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 96,130 | 10,000 | 0 | 86,131 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 113,460 | 74,755 | 0 | 38,705 |