| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| Lawyer Fee | 2016-06-15 | 850 | 147 | 15 | 57 | 0 | 0 | 204 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Shelves | 2015-11-20 | 560 | 315 | M | 7 | 70 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture & Fixtures | 560 | 0 | 560 | 0 |
| Intangibles | 850 | 0 | 850 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | Chris McGee |
| Lender's Title | Director |
| Original Amount of Loan | 200 |
| Balance Due | 200 |
| Date of Note | 2017-01 |
| Maturity Date | |
| Repayment Terms | Open Ended |
| Interest Rate | 0 |
| Security Provided by Borrower | None |
| Purpose of Loan | To Open Bank Account |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Internet Wireless Hotspot | 438 | 0 | 0 | 0 |
| Credit Card Fees | 330 | 0 | 0 | 0 |
| Office Expense | 0 | 0 | 0 | 0 |
| Promotions | 376 | 0 | 0 | 0 |
| Returned Deposit Items | 0 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Merchandise Sales | 3,387 | 5,867 | -2,480 |