| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 128,911 | 26,898 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 220,917 | 164,249 | 56,668 | 220,917 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING EXPENSE | 3,669 | 3,669 | ||
| COMMUNITY SUPPORT | 1,085 | 1,085 | ||
| CREDIT CARD FEES | 1,983 | 1,983 | ||
| MAINTENANCE | 9,981 | 9,981 | ||
| MISCELLANOUS EXPENSE | 988 | 988 | ||
| OFFICE SUPPLIES | 15,048 | 15,048 | ||
| SMALL EQUIPMENT | 5,182 | 5,182 | ||
| WEBSITE | 330 | 330 | ||
| MEALS | 564 | 564 | ||
| BANK FEES | 507 | 507 | ||
| SCHOLARSHIP AWARD | 500 | 500 | ||
| AUTO REGISTRATION | 150 | 150 | ||
| PEST CONTROL | 257 | 257 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 43,061 | 43,061 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EQUIPMENT LEASES PAYABLE | 10,963 | |
| NOTE PAYABLE VENDING | 3,300 | |
| EIDL SBA LOAN | 20,000 | |
| QCBT NOTE PAYABLE | 30,277 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| MERCHANDISE SALES | 10,030 | 10,218 | -188 |
| VENDING MACHINES | 1,951 | 1,951 |