| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fee | 2,180 | 0 | 0 | 2,180 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2019-09-29 | 1,479 | 493 | 200DB | 44.45 % | 657 | |||
| EQUIPMENT | 2019-11-02 | 1,637 | 546 | 200DB | 44.45 % | 728 | |||
| EQUIPMENT | 2020-02-19 | 874 | 291 | 200DB | 44.45 % | 388 | |||
| FURNITURE | 2020-09-26 | 837 | 200DB | 14.29 % | 120 | ||||
| FURNITURE | 2020-09-30 | 686 | 200DB | 14.29 % | 98 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Charles Schwab - 0633 | 69,266 | 412,690 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 1,523 | 218 | 1,305 | 600 |
| Machinery and Equipment | 3,990 | 3,103 | 887 | 300 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Service Fee | 25 | 25 | ||
| Filing Expense | 35 | 35 | ||
| Office Supplies | 423 | 423 | ||
| Telephone Expense | 1,561 | 1,561 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Credit Card Payable | 1,522 | 140 |
| Advanced from Founder | 5,039 |
| Name | Address |
|---|---|
| KUANG-YU SHIH AND WAN-NA CHEN |
41236 NORMAN CT FREMONT,CA94539 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Tax Expense | 254 | 254 | ||
| Income Tax Expense | 209 | 209 |