| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| VISUAL PRO PROGRAM | 2018-01-01 | 5,000 | 1,428 | 7 | 714 | 0 | 0 | 2,142 |
| Person Name | Explanation |
|---|---|
| TIM COX | NO COMPENSATION AT THIS TIME |
| BRENDA NEVES | NO COMPENSATION AT THIS TIME |
| KIRK MACKENZIE | NO COMPENSATION AT THIS TIME |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 150 PLASTIC TRAYS | 2013-05-12 | 150 | 142 | M | 7 | 7 | 0 | 0 | |
| KLEAR LENS POLISHER K9000M | 2013-05-21 | 500 | 477 | M | 7 | 22 | 0 | 0 | |
| NOVAMATIC SYS 2100 GROOVEMASTER | 2013-05-21 | 500 | 477 | M | 7 | 22 | 0 | 0 | |
| BRIOT PATTERN MAKER HB3400 | 2013-05-21 | 150 | 142 | M | 7 | 7 | 0 | 0 | |
| BPI AUTOMATED GRADIENT LENSOR | 2013-05-21 | 150 | 142 | M | 7 | 7 | 0 | 0 | |
| BPI 9 BOWL DYE POT DRS1090 | 2013-05-21 | 500 | 477 | M | 7 | 22 | 0 | 0 | |
| COBURN MOD RS LENS EDGOR HANDSTONE | 2013-05-21 | 500 | 477 | M | 7 | 22 | 0 | 0 | |
| SHOP VAC MOD 950 NO 1 | 2013-05-21 | 100 | 94 | M | 7 | 4 | 0 | 0 | |
| SHOP VAC MOD 950 NO 2 | 2013-05-21 | 100 | 94 | M | 7 | 4 | 0 | 0 | |
| SHOP VAC MOD 950 NO 3 | 2013-05-21 | 100 | 94 | M | 7 | 4 | 0 | 0 | |
| JUN AIR COMPRESSOR NO 1 | 2013-05-21 | 895 | 856 | M | 7 | 39 | 0 | 0 | |
| JUN AIR COMPRESSOR NO 2 | 2013-05-21 | 895 | 856 | M | 7 | 39 | 0 | 0 | |
| JUN AIR COMPRESSOR NO 3 | 2013-05-21 | 895 | 856 | M | 7 | 39 | 0 | 0 | |
| DELL CPU 1 | 2013-05-21 | 250 | 238 | M | 7 | 11 | 0 | 0 | |
| DELL CPU NO 2 | 2013-05-21 | 250 | 238 | M | 7 | 11 | 0 | 0 | |
| AIT SPEED BLOCKER MOD 630 | 2013-05-21 | 950 | 909 | M | 7 | 41 | 0 | 0 | |
| AIT 501 FINISH BLOCKER | 2013-05-21 | 995 | 951 | M | 7 | 44 | 0 | 0 | |
| OPTRONICS 6ES EDGER | 2018-01-01 | 4,000 | 1,552 | M | 7 | 700 | 0 | 0 | |
| OPTRONICS 4T TRACER | 2018-01-01 | 1,100 | 426 | M | 7 | 192 | 0 | 0 | |
| OPTRONICS HORIZON II EDGER | 2018-01-01 | 675 | 261 | M | 7 | 118 | 0 | 0 | |
| COBURN 990 BLOCKER | 2018-01-01 | 1,550 | 601 | M | 7 | 271 | 0 | 0 | |
| CHILLER | 2018-01-01 | 2,250 | 873 | M | 7 | 394 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| AGGREGATE MACHINERY AND EQUIP COST | 22,455 | 14,681 | 7,774 | 5,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LENSES AND FRAMES | 655 | 0 | 0 | 0 |
| TELEPHONE | 0 | 0 | 0 | 0 |
| ELECTRICITY | 1,037 | 0 | 0 | 0 |
| POSTAGE | 614 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 228 | 0 | 0 | 0 |
| WASTE REMOVAL | 342 | 0 | 0 | 0 |
| YARD MAINTENANCE | 900 | 0 | 0 | 0 |
| OFFICE SOFTWARE | 522 | 0 | 0 | 0 |
| REPAIRS | 390 | 0 | 0 | 0 |
| CAR RENTAL | 123 | 0 | 0 | 0 |