| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2018-09-01 | 5,795 | SL | 7.000000000000 | 276 | 0 | |||
| EQUIPMENT | 2018-09-01 | 3,967 | SL | 5.000000000000 | 264 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 5,795 | 276 | 5,519 | |
| EQUIPMENT | 3,967 | 264 | 3,703 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 3,974 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CURRICULUM (NON-CONSUMABLE) | 3,687 | 3,687 | |
| SUPPLIES (NON-CONSUMABLE | 154 | 154 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SUPPLIES | 3,487 | 0 | 2,159 | |
| CURRICULUM | 551 | 0 | 551 | |
| TECHNOLOGY | 108 | 0 | 108 | |
| MARKETING | 1,216 | 0 | 1,216 | |
| EVENTS | 162 | 0 | 162 | |
| INSURANCE | 3,534 | 0 | 3,534 | |
| BACKGROUND CHECKS | 170 | 0 | 170 | |
| TRAINING FEES | 170 | 0 | 170 | |
| MISCELLANEOUS | 100 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TUITION | 58,850 | 58,850 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS PAYABLE | 0 | 1,328 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 1,504 | 0 | 1,504 |