| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,300 | 1,300 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 112 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 345,345 | 345,290 | 55 | 55 |
| LAND | 355,000 | 355,000 | 355,000 | |
| LAND IMPROVEMENTS | 6,451 | 6,451 | 6,451 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,075 | 1,075 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 293 | 293 | ||
| OFFICE | 208 | 208 | ||
| REPAIRS | 5,310 | 5,310 | ||
| SUPPLIES | 9,670 | 9,670 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 9,825 | 9,825 | ||
| TAXES - OTHER | 20 | 20 | ||
| TAXES - INVESTMENT INCOME | 38 |