| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL | 6,300 | 3,150 |
| 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 EXPENSE | 942 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & FIXTURES | 4,542 | 4,542 | ||
| OFFICE EQUIPMENT | 1,800 | 1,742 | 58 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT | 3,113 | 3,113 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE-GENERAL | 5,030 | 5,030 | ||
| MOVING EXPENSES | 3,738 | 3,738 | ||
| COMPUTER/INTERNET | 2,330 | 2,330 | ||
| TELEPHONE | 1,141 | 1,141 | ||
| PAYROLL EXPENSES | 1,021 | 1,021 | ||
| BANK SERVICE CHARGES | 523 | 523 | ||
| POSTAGE AND DELIVERY | 423 | 423 | ||
| MISCELLANEOUS | 225 | 225 | ||
| OFFICE SUPPLIES & EXPENSE | 133 | 133 | ||
| SUBSCRIPTIONS | 66 | 66 | ||
| PARKING | 25 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME | 687 | 687 | |
| MISCELLANEOUS INCOME | 445 | 445 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ERIC'S CREDIT CARD | 634 | 174 |