| 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 |
|---|---|---|---|---|---|---|---|---|---|
| UTV & SNOW PLOW | 2020-10-01 | 10,000 | 200DB | 7.0000 | 10,000 | ||||
| GENERAC GENERATOR | 2020-07-01 | 7,350 | 200DB | 5.0000 | 7,350 | ||||
| COMMERCIAL REFRIGERATOR | 2020-04-01 | 3,300 | 200DB | 5.0000 | 3,300 | ||||
| WATER PUMP | 2020-08-01 | 9,000 | 200DB | 5.0000 | 9,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| REPAIR & MAINTENANCE | 25,950 | 25,950 | ||
| SUPPLIES | 13,330 | 13,330 | ||
| DONATIONS | 91,000 | 91,000 | ||
| OTHER | 7,900 | 7,900 |