| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING ALARM SYST | 2015-10-19 | 5,175 | S/L | 5.0000 | 173 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 5,175 | 173 | 5,002 | 5,175 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE | 3,269 | 3,269 | ||
| INSURANCE | 6,801 | 6,801 | ||
| REPAIRS | 5,759 | 5,759 | ||
| REGISTRATION & FEES | 477 | 477 | ||
| MINOR EQUIPMENT | 823 | 823 | ||
| VEHICLE EXPENSE | 1,506 | 1,506 | ||
| EQUIPMENT RENTAL | 1,199 | 1,199 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 2,960 | 2,960 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALE OF INVENTORY | 5,976 | 3,607 | 2,369 |