| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WEIGHT LIFTING EQUIPMENT | 2014-01-01 | 2,298 | 460 | 200DB | 5.0000 | 735 | |||
| MONSTER RINGS DL FRAMES (2) | 2015-04-06 | 845 | 200DB | 5.0000 | 169 | ||||
| PIT BULL FARMER HANDLES (2) | 2015-03-14 | 358 | 200DB | 5.0000 | 72 | ||||
| STRENGTH SHOP YOKE | 2015-03-15 | 450 | 200DB | 5.0000 | 90 | ||||
| STRENGTH SHOP CIRCUS DB | 2015-03-15 | 285 | 200DB | 5.0000 | 57 | ||||
| MONSTER RINGS DL FRAMES (2) | 2015-04-06 | 845 | 200DB | 5.0000 | 169 | ||||
| EQUIPMENT | 2015-11-15 | 3,450 | 200DB | 5.0000 | 690 | ||||
| PRECOR ELLIPTICAL EFX | 2015-07-15 | 4,800 | 200DB | 5.0000 | 960 | ||||
| PRECOR TREADMILL EFX | 2015-07-15 | 4,200 | 200DB | 5.0000 | 840 | ||||
| ROGUE POWER RACK W/ ACCESSORIES | 2015-07-15 | 3,300 | 200DB | 5.0000 | 660 | ||||
| ELITE SAFETY SQUAT/YOKE BAR | 2015-07-15 | 400 | 200DB | 5.0000 | 80 | ||||
| ROGUE SWISS BAR | 2015-07-15 | 300 | 200DB | 5.0000 | 60 | ||||
| SCHWINN AERODYNE | 2015-07-15 | 1,000 | 200DB | 5.0000 | 200 | ||||
| TUFFSTUFF SMITH MACHINE | 2015-07-15 | 5,300 | 200DB | 5.0000 | 1,060 | ||||
| TUFFSTUFF POWER SQUAT | 2015-07-15 | 1,300 | 200DB | 5.0000 | 260 | ||||
| CABLE CROSSOVER W/ ACCESSORIES | 2015-07-15 | 3,500 | 200DB | 5.0000 | 700 | ||||
| PRECOR S3.25 STRENGTH SYSTEM | 2015-07-15 | 4,000 | 200DB | 5.0000 | 800 | ||||
| ROGUE GHR | 2015-07-15 | 700 | 200DB | 5.0000 | 140 | ||||
| ROGUE REVERSE HYPER | 2015-07-15 | 800 | 200DB | 5.0000 | 160 | ||||
| BODY SOLID SQUAT RACK | 2015-07-15 | 400 | 200DB | 5.0000 | 80 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 38,531 | 8,442 | 30,089 | 30,089 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE | 56 | 56 | ||
| BANK CHARGES | 26 | 26 | ||
| COST OF GOODS SOLD | 1,629 | 1,629 | ||
| GUEST SPEAKERS | 5,075 | 5,075 | ||
| MAINTENANCE | 3,224 | 3,224 | ||
| RIVER CENTER/VENUE RENT | 3,880 | 3,880 | ||
| WEBSITE | 330 | 330 | ||
| DUES & SUBSCRIPTIONS | 149 | 149 | ||
| MISCELLANEOUS | 915 | 743 | 172 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GATE RECEIPTS | 9,035 | 9,035 | |
| EXPO CONTEST ENTRY FEES | 620 | 620 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 259 | 259 |
| Name | Address |
|---|---|
| LONNY WILKINSON |
13639 100TH AVENUE DAVENPORT,IA52804 |
| JOSEPH HESSE |
5405 JUDGE ROAD BETTENDORF,IA52722 |
| ALEX LONGLETT |
623 23RD STREET BETTENDORF,IA52722 |