| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax Form Prep | 780 | 0 | 0 | 780 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Mac Air and accessories | 2020-08-14 | 2,236 | SL | 7.50 % | 168 | ||||
| iPad Pro and accessories | 2020-11-06 | 1,781 | SL | 2.50 % | 45 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Edward Jones | AT COST | 345,789 | 414,676 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 4,017 | 213 | 3,804 | 3,804 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank checks | 24 | 24 | ||
| Bank fees to send gifts | 94 | 94 | ||
| Computer maintenance policies | 409 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2019 Federal Excise Tax | 553 | 553 | ||
| 2020 estimated Federal Excise Taxes | 532 | 532 |