| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 625 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ZERO TURN LAWN TRACTOR | 2019-07-01 | 1,650 | 165 | S/L | 5.0000 | 330 | |||
| OFFICE COMPUTER | 2019-07-01 | 1,954 | 195 | S/L | 5.0000 | 391 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 3,604 | 1,081 | 2,523 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | ||||
| DISTRIBUTIONS | 30,508 | 30,508 | ||
| REPAIRS & MAINTENANCE | 7,894 | |||
| MISCELLANEOUS EXPENSE | 4,469 |