| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 1,516 | 1,516 | ||
| Machinery and Equipment | 10,800 | 10,680 | 120 | |
| Improvements | 17,553 | 17,553 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Contract Labor - lecturer | 3,000 | 3,000 | ||
| Donations | 1,425 | 1,425 | ||
| Radio Air Time | 7,125 | 7,125 |