| 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-MICROSCOPE | 2007-06-30 | 4,270 | 4,270 | 200DB | 7.0000 | ||||
| TELEVISION | 2013-12-10 | 1,600 | 1,049 | 200DB | 7.0000 | 157 | |||
| COMPUTER | 2015-09-17 | 699 | 200DB | 5.0000 | 419 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 6,569 | 5,895 | 674 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| VIOLIN COLLECTION | 275,000 | 275,000 | |
| 1521 AUTUMN CT, HARLINGEN TX | 133,155 | 133,155 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 61 | 61 | ||
| REPAIRS & MAINTENANCE | 1,033 | 1,033 | ||
| TRANSLATION/RESEARCH BOOK | 2,643 | 2,643 | ||
| UTILITIES | 1,864 | 1,864 | ||
| TELEPHONE EXPENSE | 55 | 55 |
| Description | Amount |
|---|---|
| ROUNDING ADJUSTMENT | -2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEE | 850 | 850 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX ON INVESTMENT INCOME | 12 | 12 | ||
| PROPERTY TAXES | 10,957 | 10,957 |