| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 7,050 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VEHICLE | 2009-12-17 | 17,000 | 17,000 | STRAIGHT LINE | 5.0000 | ||||
| 6 TREASURE CHESTS | 2012-11-09 | 7,950 | 7,691 | STRAIGHT LINE | 5.0000 | 259 | |||
| ESSILOR VISIONS EQUIPMENT | 2015-06-30 | 37,884 | 20,221 | STRAIGHT LINE | 5.0000 | 7,577 | |||
| RV | 2015-09-29 | 267,000 | 120,150 | STRAIGHT LINE | 5.0000 | 53,400 | |||
| VISION EQUIPMENT | 2016-02-02 | 12,800 | 4,693 | STRAIGHT LINE | 5.0000 | 2,560 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VEHICLE | 17,000 | 17,000 | ||
| RV | 267,000 | 173,550 | 93,450 | 93,450 |
| VISION EQUIPMENT | 37,884 | 27,798 | 10,086 | 10,086 |
| TREASURE CHESTS | 7,950 | 7,950 | ||
| VISION EQUIPMENT | 12,800 | 7,253 | 5,547 | 5,547 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MARKETING | 30,000 | |||
| OTHER EXPENSE | 1,224 |