| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Greenhouse | 2019-11-01 | 10,526 | 117 | SL | 15 | 702 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Shipping and Postage | 178 | 178 | 178 | 0 |
| Promotional Expenses | 1,348 | 1,348 | 1,348 | 0 |
| Utilities | 3,231 | 3,231 | 3,231 | 0 |
| Greenhouse Supplies | 455 | 455 | 455 | 0 |
| Repairs & Maintenance | 143 | 143 | 143 | 0 |
| Office Supplies and Software | 475 | 475 | 475 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Apparel Sales | 8,721 | 6,617 | 2,104 |
| Produce Sales | 5,894 | 1,135 | 4,759 |