| 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 |
|---|---|---|---|---|---|---|---|---|---|
| HOUSING PROPERTY | 2019-08-31 | 117,000 | 1,596 | SL | 3.64 % | 4,254 | |||
| BUS | 2019-09-19 | 25,000 | 2,500 | SL | 20.00 % | 5,000 | |||
| HOUSE IMPROVEMENTS | 2020-02-25 | 12,500 | SL | 10.00 % | 1,250 | ||||
| HOUSE IMPROVEMENTS | 2020-03-23 | 12,500 | SL | 10.00 % | 1,250 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 25,000 | |||
| Buildings | 142,000 | |||
| Miscellaneous | 167,000 | 15,850 | 151,150 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Rounding | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 2,342 | |||
| DISCRETIONARY FUND | 93,910 | |||
| INSURANCE | 13,029 | |||
| MEETING | 325 | |||
| MINISTORIAL SUPPORT | 199,845 | |||
| MISCELLANEOUS | 7,027 | |||
| OFFICE | 10,962 | |||
| POSTAGE & SHIPPING | 811 | |||
| PROMOTION | 9,240 | |||
| RELIGIOUS MATERIALS-BIBLES | 10,021 | |||
| SPECIAL PROJECTS | 60,000 | |||
| TELEPHONE | 6,665 | |||
| TRAVEL | 8,761 | |||
| UTILITIES | 4,944 | |||
| VEHICLE EXPENSE | 685 |