| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,000 | 1,000 | 1,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURN & FIXT | 2011-05-01 | 3,886 | 3,886 | M5 | |||||
| FURN & FIXT 2012 | 2012-11-01 | 139,146 | 139,146 | SL | 7 | ||||
| INITIAL LEASE BUIL | 2012-10-01 | 260,540 | 125,925 | SL | 15 | 10,132 | |||
| COMPUTERS & EQUIP | 2012-10-01 | 59,467 | 59,467 | SL | 5 | ||||
| DECORATIONS | 2012-11-01 | 56,179 | 56,179 | SL | 7 | ||||
| FURN & FIXT 2013 | 2013-08-01 | 3,419 | 3,132 | SL | 7 | 285 | |||
| FURN & FIXT 2014 | 2014-09-29 | 6,396 | 4,798 | SL | 7 | 533 | |||
| 2012 COMPUTERS | 2012-12-31 | 37,503 | 37,503 | SL | 5 | ||||
| 2012 FURN & FIXT | 2012-12-31 | 404,390 | 404,390 | SL | 7 | ||||
| 2012 LEASE IMPROVE | 2012-12-31 | 315,136 | 147,063 | SL | 15 | 12,255 | |||
| 2013 COMPUTERS | 2013-09-03 | 5,417 | 5,417 | SL | 5 | ||||
| 2013 FURN & FIXT | 2013-08-26 | 13,963 | 12,634 | SL | 7 | 1,261 | |||
| 2013 LEASE IMPROVE | 2013-02-24 | 9,943 | 4,528 | SL | 15 | 387 | |||
| 2013 ARTWORK | 2013-05-14 | 14,868 | 14,167 | SL | 7 | 701 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURN & FIXT | ||||
| FURN & FIXT 2012 | ||||
| INITIAL LEASE BUIL | ||||
| COMPUTERS & EQUIP | ||||
| DECORATIONS | ||||
| FURN & FIXT 2013 | ||||
| FURN & FIXT 2014 | ||||
| 2012 COMPUTERS | ||||
| 2012 FURN & FIXT | ||||
| 2012 LEASE IMPROVE | ||||
| 2013 COMPUTERS | ||||
| 2013 FURN & FIXT | ||||
| 2013 LEASE IMPROVE | ||||
| 2013 ARTWORK |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 50 | 50 | ||
| ELECTRONIC EQUIPMENT | 233 | 233 | ||
| MOVING EXPENSE | 2,700 | 2,700 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME-AG SPRING | 86,700 | 86,700 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX |