| 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 |
|---|---|---|---|---|---|---|---|---|---|
| AUTO | 2018-07-01 | 11,900 | 6,188 | 200DB | 19.20 % | 2,285 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 16,900 | 13,473 | 3,427 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTO REIMBURSEMENT | 1,593 | 1,593 | 1,593 | |
| BANK CHARGES | 1,352 | 1,352 | 1,352 | |
| CIRRICULUM EXPENSES | 9,000 | 9,000 | 9,000 | |
| CONSULTANTS | 3,931 | 3,931 | 3,931 | |
| DUES | 1,312 | 1,312 | 1,312 | |
| MEALS | 148 | 148 | 148 | |
| OFFICE EXPENSE | 965 | 965 | 965 | |
| OPERATING EXPENSES | 430 | 430 | 430 | |
| UTILITIES | 12 | 12 | 12 | |
| WEBSITE | 1,058 | 1,058 | 1,058 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MD INC | 541,126 | 541,126 |
| WELLS FARGO BUSINESSLINE | -25 | 277 |