| 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 |
|---|---|---|---|---|---|---|---|---|---|
| APPLIANCES | 2017-12-31 | 2,696 | 399 | SL | 7 | 399 | 0 | 0 | |
| FURNITURE | 2017-12-31 | 6,668 | 953 | SL | 7 | 953 | 0 | 0 | |
| WORSHIP EQUIPMENT | 2017-12-31 | 11,447 | 2,289 | SL | 5 | 2,289 | 0 | 0 | |
| COMPUTER AND NETWORK | 2017-12-31 | 6,532 | 1,270 | SL | 5 | 1,270 | 0 | 0 | |
| SECURITY EQUIPMENT | 2017-12-31 | 849 | 170 | SL | 5 | 170 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| APPLIANCES | 2,696 | 797 | 1,899 | 1,899 |
| FURNITURE | 6,668 | 1,905 | 4,763 | 4,763 |
| WORSHP EQUIPMENT | 11,447 | 4,579 | 6,868 | 6,868 |
| COMPUTER AND NETWORK | 6,352 | 2,541 | 3,811 | 3,811 |
| SECURITY EQUIPMENT | 849 | 340 | 509 | 509 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RENTAL DEPOSITS | 2,600 | 2,600 | 2,600 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 380 | 0 | 0 | 0 |
| VEHICLE EXPENSE | 389 | 0 | 0 | 0 |
| INSURANCE | 1,504 | 0 | 0 | 0 |
| BOARD DEVELOPMENT | 100 | 0 | 0 | 0 |
| MUSIC SUPPLIES | 206 | 0 | 0 | 0 |
| MEMBERSHIP FEES-AMAZON PRIME | 102 | 0 | 0 | 0 |
| MEMBERSHIP FEES-EDYTH BUSH | 160 | 0 | 0 | 0 |
| GUEST AND LEADERSHIP MEALS | 395 | 0 | 0 | 0 |
| PHONE AND CELL | 524 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 130 | 0 | 0 | 0 |
| TAX & LICENSE -SUNBIZ | 61 | 0 | 0 | 0 |
| FUNDRAISING CHURCH EVENTS | 358 | 0 | 0 | 0 |
| MEMBERS CHUCRCH EVENTS | 700 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PREACHERS | 1,000 | 0 | 0 | 0 |