| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMMUNICATIONS EQUIPMENT | 2004-01-01 | 141,111 | 141,111 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SOFTWARE | 2005-12-01 | 1,620 | 1,620 | 200DB | 3.000000000000 | 0 | 0 | 0 | |
| MODULE | 2014-10-10 | 3,220 | 3,220 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SATELLITE RECEIVER XDS-PROQ | 2016-07-01 | 1,000 | 700 | SL | 5.000000000000 | 200 | 0 | 200 | |
| GATESAIR FLEXIVA 3KW FM TRANSMITTER AND EXCITER | 2017-06-07 | 13,706 | 7,081 | SL | 5.000000000000 | 2,741 | 0 | 2,741 | |
| EQUIPMENT | 2018-04-16 | 7,161 | 2,387 | SL | 5.000000000000 | 1,432 | 0 | 1,432 | |
| EQUIPMENT | 2018-07-24 | 4,467 | 1,265 | SL | 5.000000000000 | 893 | 0 | 893 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMMUNICATIONS EQUIPMENT | 141,111 | 141,111 | 0 | |
| SOFTWARE | 1,620 | 1,620 | 0 | |
| MODULE | 3,220 | 3,220 | 0 | |
| SATELLITE RECEIVER XDS-PROQ | 1,000 | 900 | 100 | |
| GATESAIR FLEXIVA 3KW FM TRANSMITTER AND EXCITER | 13,706 | 9,822 | 3,884 | |
| EQUIPMENT | 7,161 | 3,819 | 3,342 | |
| EQUIPMENT | 4,467 | 2,158 | 2,309 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 60 | 0 | 0 | 6 |
| BROADCAST EQUIPMENT | 349 | 0 | 0 | 35 |
| INSURANCE | 3,997 | 0 | 0 | 400 |
| INTERNET FEES | 650 | 0 | 0 | 65 |
| MUSIC FEES | 2,494 | 0 | 0 | 249 |
| NETWORK FEE | 2,220 | 0 | 0 | 220 |
| PAYROLL TAX EXPENSE | 4,263 | 0 | 0 | 426 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| STATE WITHHOLDING PAYABLE | 495 | 529 |
| Name | Address |
|---|---|
| AARON ACKER |
404 SEQUOYA DRIVE ANNISTON,AL36206 |