| 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 and equipment | 2008-12-31 | 26,728 | 23,029 | 200DB | 4.46 % | 1,192 | |||
| Telephone system | 2009-01-01 | 1,188 | 1,029 | 200DB | 8.93 % | 106 | |||
| Computer equipment | 2014-09-15 | 2,091 | 418 | 200DB | 32.00 % | 669 | |||
| Furniture and equipment | 2014-01-15 | 645 | 92 | 200DB | 24.49 % | 158 | |||
| Web site development | 2014-12-31 | 37,500 | SL | 3.0000 | 12,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 28,561 | 25,606 | 2,955 | 2,900 |
| Machinery and Equipment | 10,246 | 9,242 | 1,004 | 1,000 |
| Miscellaneous | 56,380 | 12,500 | 43,880 |
| Description | Amount |
|---|---|
| Income tax | 8 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank fees | 41 | |||
| Filing fees | 15 | |||
| Insurance | 983 | 885 | ||
| Medical conferences | 25,233 | 25,233 | ||
| Memberships | 400 | 400 | ||
| Office expenses | 4,000 | 3,600 | ||
| Promotion and publicity | 4,067 | 2,033 | ||
| Web site | 19,309 | 19,309 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Outside services | 29,250 | 0 | 0 | 26,325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 2,247 | 2,022 |