| 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 | 2013-01-08 | 11,332 | 11,332 | SL | 5.000000000000 | 0 | 0 | ||
| COMPUTER EQUIPMENT | 2014-02-10 | 4,991 | 3,909 | SL | 5.000000000000 | 998 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 11,332 | 11,332 | 0 | 0 |
| COMPUTER EQUIPMENT | 4,991 | 4,907 | 84 | 84 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 35 | 0 | 0 | |
| OFFICE EXPENSE | 162 | 0 | 0 | |
| COMPUTER SUPPLIES | 300 | 0 | 0 | |
| TELEPHONE | 234 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 44 | 44 |
| PAYROLL AND OTHER LIABILITIES | 15,367 | 15,367 |