| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Wedding Canopy | 2017-06-09 | 2,310 | 462 | 200DB | 32.00 % | 739 | |||
| Dish Caddy | 2017-05-11 | 6,801 | 1,360 | 200DB | 32.00 % | 2,176 | |||
| Leasehold Improvements | 2017-08-14 | 7,030 | 352 | 150DB | 9.50 % | 668 | |||
| BWI Portion of Trailer | 2017-10-31 | 5,000 | 1,000 | 200DB | 32.00 % | 1,600 | |||
| Leasehold Improvements | 2018-05-09 | 7,000 | 150DB | 5.00 % | 350 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 14,111 | 7,337 | 6,774 | |
| Improvements | 14,030 | 1,370 | 12,660 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising & Promotions | 683 | 683 | ||
| Bank Charges | 13 | 13 | ||
| Catering | 119,150 | 119,150 | ||
| Equipmment Rental | 1,275 | 1,275 | ||
| Hall Rental | 45,663 | 45,663 | ||
| Office Expense | 175 | 175 | ||
| Repairs | 150 | 150 | ||
| Wedding Services | 47,471 | 47,471 | 3,919 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Event Revenue | 211,662 | 211,162 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Escrow Account | 19,371 | 800 |
| Due to Caterer |