| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 1,516 | 1,516 | ||
| Machinery and Equipment | 10,800 | 10,680 | 120 | |
| Improvements | 17,553 | 17,553 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Contract Labor - lecturer | 240 | 240 | ||
| Donations | 1,525 | 1,525 | ||
| Radio Air Time | 6,625 | 6,625 |