| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUS | 2005-05-13 | 5,100 | 5,100 | 200DB | 5.0000 | ||||
| BUS | 2014-08-08 | 4,000 | 4,000 | 200DB | 5.0000 | ||||
| 1996 PREVOST BUS | 2015-10-19 | 75,000 | 69,870 | 200DB | 5.0000 | 5,130 | |||
| 1996 PREVOST XL BUS | 2016-01-01 | 14,009 | 11,589 | 200DB | 5.0000 | 2,420 | |||
| 1996 PREVOST BUS XL DINETTES | 2016-03-18 | 800 | 662 | 200DB | 5.0000 | 110 | |||
| 1996 PREVOST BUS XL REMODEL | 2016-05-11 | 4,921 | 3,071 | 200DB | 5.0000 | 1,386 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 103,830 | 103,340 | 490 | 8,176 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,087 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| EQUIPMENT REPAIRS | 561 | 561 | ||
| INSURANCE | 2,591 | 2,591 | ||
| LATE FEE/ INTEREST | 425 | 425 | ||
| BANK CHARGES | 8 | 8 |
| Description | Amount |
|---|---|
| DEPRECIATION ADJUSTMENT | 997 |