| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT- MICROSCOPE | 2007-06-30 | 4,270 | 4,270 | 200DB | 7.0000 | ||||
| TELEVISION | 2013-12-10 | 1,600 | 1,399 | 200DB | 7.0000 | 70 | |||
| COMPUTER | 2015-09-17 | 699 | 598 | 200DB | 5.0000 | 41 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 6,569 | 6,377 | 192 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| VIOLIN COLLECTION | 275,000 | 275,000 | |
| OTHER ASSETS | 165,716 | 165,716 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| UTILITIES | 3,366 | 2,970 | ||
| DUES & SUBSCRIPTIONS | 105 | 105 | ||
| OFFICE EXPENSE | 102 | 102 | ||
| DIRECTOR FEE | 10,000 | 10,396 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEE | 850 | 850 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX ON INVESTMENT INCOME | 32 | 32 |