| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Telescopes | 1,351,901 | 89,500 | % | 6.000000 | 89,500 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land buildings telescopes computers | 1,351,901 | 89,500 | 1,262,401 | 1,262,401 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Telescope maintenance | 19,508 | 0 | 0 | 0 |
| Electric | 9,593 | 0 | 0 | 0 |
| Insurance | 5,046 | 0 | 0 | 0 |
| Phone AZ corp commission | 835 | 0 | 0 | 0 |
| Name | Address |
|---|---|
| Tennessee State |
3500 John A Merritt Blvd Nashville,TN37209 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| property | 3,375 | 0 | 0 | 0 |