| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Capital Improvements | 2019-11-15 | 42,257 | 775 | SL | 25 | 1,690 | 0 | 0 | |
| Capital Improvements | 2019-12-15 | 23,370 | 351 | SL | 25 | 935 | 0 | 0 | |
| Capital Improvements | 2020-01-31 | 26,622 | 311 | SL | 25 | 1,065 | 0 | 0 | |
| Building | 2020-01-15 | 180,000 | 0 | SL | 25 | 7,200 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Capital Improvements | 92,249 | 5,127 | 87,122 | 0 |
| Building | 180,000 | 7,200 | 172,800 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | Various |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 0 |
| Balance Due | 84,510 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Supplies | 15,476 | 0 | 0 | 0 |
| Contractors | 442 | 0 | 0 | 0 |
| Auto | 1,307 | 0 | 0 | 0 |
| Utilities | 7,928 | 0 | 0 | 0 |
| Fees | 4,567 | 0 | 0 | 0 |
| Repairs | 8,146 | 0 | 0 | 0 |
| Insurance | 829 | 0 | 0 | 0 |
| Office Expense | 1,201 | 0 | 0 | 0 |
| Professional Fees | 333 | 0 | 0 | 0 |
| Shipping | 246 | 0 | 0 | 0 |
| Advertising | 875 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Book Program Income | 40,524 | 19,321 | 21,203 |
| Food Services Income | 31,850 | 11,757 | 20,093 |