| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 3,336 |
| 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 | 2000-01-15 | 5,711 | 5,711 | 200DB | 5.0000 | ||||
| FURNITURE & FIXTURES | 2000-03-15 | 438 | 438 | 200DB | 5.0000 | ||||
| COMPUTER EQUIP | 2000-04-11 | 365 | 365 | 200DB | 5.0000 | ||||
| CUBICLES | 2004-09-13 | 12,269 | 12,269 | S/L | 7.0000 | ||||
| EXECUTIVE DESK | 2004-09-23 | 1,760 | 1,760 | S/L | 7.0000 | ||||
| CENTER DRAWER | 2004-09-23 | 248 | 248 | S/L | 7.0000 | ||||
| LATERAL FILE | 2004-09-23 | 1,467 | 1,467 | S/L | 7.0000 | ||||
| EXECUTIVE DESK | 2005-02-09 | 534 | 534 | S/L | 7.0000 | ||||
| SIDE CHAIR | 2005-02-09 | 169 | 169 | S/L | 7.0000 | ||||
| CREDENZA | 2005-02-09 | 439 | 439 | S/L | 7.0000 | ||||
| CONFERENCE TABLE | 2005-02-09 | 209 | 209 | S/L | 7.0000 | ||||
| SOFA | 2005-02-09 | 329 | 329 | S/L | 5.0000 | ||||
| OFFICE FURNITURE | 2005-02-22 | 2,634 | 2,634 | S/L | 7.0000 | ||||
| CHAIRS | 2005-02-10 | 393 | 393 | S/L | 7.0000 | ||||
| FILE CABINETS | 2005-03-01 | 329 | 329 | S/L | 7.0000 | ||||
| SMART BOARD 685 | 2011-04-21 | 6,963 | 6,963 | S/L | 5.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| VERIZON COMMUNICATIONS | PURCHASE | 2018-10 | 866 | 829 | 37 | |||||
| BERKSHIRE HATHAWAY CI-B | 2011-01 | PURCHASE | 2018-01 | 20,264 | 8,206 | 12,058 | ||||
| FT PREFERRED SECUR | 2016-07 | PURCHASE | 2018-09 | 22,470 | 23,392 | -922 | ||||
| PROSHARES TR | 2016-07 | PURCHASE | 2018-01 | 12,724 | 11,114 | 1,610 | ||||
| VERIZON COMMUNICATIONS | PURCHASE | 2018-10 | 18,475 | 16,623 | 1,852 | |||||
| VISA INC | 2013-07 | PURCHASE | 2018-01 | 11,733 | 4,716 | 7,017 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 34,257 | 34,257 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXCISE TAXES | 43 | 14 | |
| OTHER CURRENT ASSETS |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | 853 | |||
| DUES & SUBSCRIPTIONS | ||||
| FREIGHT | 1,378 | |||
| OFFICE EXPENSE | 3,896 | |||
| UTILITIES | 3,658 | |||
| RENT EXPENSE | 34,720 | |||
| COMPUTER LICENSES | 9,042 | |||
| MAINTENANCE | 1,372 | |||
| CLIENT NEEDS | 5,434 | 5,434 | ||
| MISCELLANEOUS | ||||
| TRAINING | 299 | |||
| UNREALIZED LOSS ADJUSTMENT | 27,254 | 27,254 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 1,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PERSONAL PROPERTY & LICENSES | 512 | |||
| EXCISE TAX | 29 | 29 |