| 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 |
|---|---|---|---|---|---|---|---|---|---|
| E COMMERCE WEBSITE | 2019-01-01 | 5,172 | 1,034 | SL | 5.000000000000 | 1,034 | 0 | 1,034 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| E COMMERCE WEBSITE | 5,172 | 2,068 | 3,104 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 480 | 0 | 0 | 480 |
| Item No. | 1 |
|---|---|
| Lender's Name | OFFICERS |
| Lender's Title | |
| Original Amount of Loan | 21897 |
| Balance Due | 15602 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | |
| Purpose of Loan | START UP COSTS |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Item No. | 1 |
|---|---|
| Lender's Name | OFFICERS |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 21,897 |
| Balance Due | 15,602 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | |
| Purpose of Loan | START UP COSTS |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | SMALL BUSINESS ADMINISTRATION |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2,600 |
| Balance Due | 2,600 |
| Date of Note | 2020-06 |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 2.750000000000 |
| Security Provided by Borrower | |
| Purpose of Loan | WORKING CAPITAL COSTS |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SHIPPING | 1,842 | 0 | 0 | 1,842 |
| BANK FEES | 37 | 0 | 0 | 37 |
| DUES & SUBSCRIPTIONS | 418 | 0 | 0 | 418 |
| FUNDRAISER EXPENSES | 228 | 0 | 0 | 228 |
| SUPPLIES AND MATERIALS | 2,586 | 0 | 0 | 2,586 |
| ADVERTISING AND MARKETING | 286 | 0 | 0 | 286 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CLOTHING RECYCLING | 5,674 | 5,674 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WEBSITE FEES | 80 | 0 | 0 | 80 |