| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VEHICLE | 2020-03-09 | 35,108 | SL | 5.0000 | 5,851 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 35,108 | 5,851 | 29,257 | 29,257 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL INDUCTION EXPENSES | 44,522 | 44,522 | ||
| AUTO EXPENSE | 1,648 | 1,154 | ||
| BANK CHARGES | 60 | |||
| BUSINESS REGISTRATION | 145 | |||
| DUES & SUBSCRIPTION | 265 | |||
| INSURANCE | 7,208 | 5,046 | ||
| OFFICE EXPENSES | 3,472 | |||
| PARKING AND TOLLS | 468 | |||
| POSTAGE | 248 | 248 | ||
| RACE SPONSORSHIPS | 6,500 | 6,500 | ||
| REPAIRS & MAINTENANCE | 573 | |||
| SUPPLIES | 764 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 4,800 | 0 | 0 | 4,800 |
| Name | Address |
|---|---|
| 51 FIFTY ENTERPRISES |
15056 W PEACH AVENUE LIVINGSTON,CA95334 |
| INTERNATIONAL SPEEDWAY CORP AN AGE |
PO BOX 2801 DAYTONA BEACH,FL321202801 |
| GATEWAY ACQUISITIONS INC DBA GATE |
700 RACEWAY BLVD MADISON,IL62060 |
| RAYMOND CLARIDGE |
12021 GUERIN STREET 305 STUDIO CITY,CA91604 |
| SPEEDWAY SONOMA LLC HIGHWAY 37 12 |
29335 ARNOLD DRIVE SONOMA,CA95476 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FTB | 10 |