| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SCANDANAVIAN DESIGNS FURN 2019 | 2019-08-22 | 7,045 | 335 | S/L | 7.0000 | 1,007 | |||
| LIVING SPACES FURN -2019 | 2019-09-09 | 3,470 | 165 | S/L | 7.0000 | 496 | |||
| APPLE COMPUTER | 2019-10-03 | 3,615 | 181 | S/L | 5.0000 | 723 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SCANDANAVIAN DESIGNS - FURNITURE | 14,130 | 2,907 | 11,223 | |
| LIVING SPACES- FURNITURE | ||||
| APPLE COMPUTER |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL + PROFESSIONAL FEES | 594 | 594 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 1,155 | 1,155 | ||
| TELEPHONE/INTERNET | 780 | 780 |