| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2011-01-11 | 520 | 416 | SL | 5.0000 | 104 | |||
| OFFICE EQUIPMENT | 2011-03-31 | 615 | 461 | SL | 5.0000 | 123 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 1,135 | 1,104 | 31 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTOMOBILE EXPENSES | 59 | |||
| BANK SERVICE CHARGES | 10 | |||
| BROKER INVESTMENT FEES | 5,564 | 5,564 | 5,564 | |
| CONTRACT LABOR | 565 | |||
| CUSTODIAN FEES | 609 | 609 | 609 | |
| LICENCES | 10 | |||
| MEALS | 118 | |||
| OFFICE SUPPLIES | 179 | |||
| PARKING & TOLLS | 19 | |||
| POSTAGE | 638 | |||
| REPAIRS AND MAINTENANCE | 485 | |||
| RESEARCH | 125 | |||
| STORAGE RENT | 3,250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 8,780 | 1,756 | 1,756 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| 36 | 700 | -664 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 657 | 657 | 657 | |
| OTHER TAXES | 306 |