| 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 | 2016-08-26 | 339 | 176 | M | 5 | 65 | 0 | 0 | |
| OFFICE EQUIPMENT | 2016-08-31 | 998 | 519 | M | 5 | 192 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 1,336 | 952 | 384 | 384 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| UTILITIES | 775 | 0 | 0 | 775 |
| OFFICE EXPENSE | 26 | 0 | 0 | 26 |
| SUPPLIES | 4,403 | 0 | 0 | 4,403 |