| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,005 | 1,005 | ||
| PAYROLL PROCESSING | 1,780 | 1,780 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PRESSURE WASHER | 2012-10-09 | 4,132 | 3,099 | S/L | 7.0000 | 590 | |||
| FORD E350 VAN | 2012-10-30 | 24,994 | 18,448 | S/L | 7.0000 | 3,571 | |||
| 2016 FORD F250 | 2016-09-19 | 36,859 | 7,543 | S/L | 5.0000 | 3,350 | |||
| SECURITY SYSTEM | 2017-10-17 | 3,519 | 84 | S/L | 7.0000 | 503 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 69,504 | 37,188 | 32,316 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| AUTO REGISTRATION | 1,809 | 1,809 | ||
| GASOLINE | 11,867 | 11,867 | ||
| INSURANCE | 7,789 | 7,789 | ||
| POSTAGE | ||||
| REPAIR AND MAINTENANCE | 11,028 | 11,028 | ||
| SUPPLIES | 13,103 | 13,103 | ||
| TELEPHONE | 2,096 | 2,096 | ||
| UTILITIES | 4,139 | 4,139 | ||
| WORKERS' COMP INSURANCE | 36,897 | 36,897 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS REGISTRATION | 485 | 485 | ||
| CONTRACTORS LICENSE | 300 | 300 |