| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Music Equipment | 8,000 | 8,000 | 8,000 | |
| Van | 9,184 | 9,184 | 9,184 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Comissions | 300 | |||
| Casual Labor | 1,946 | |||
| Advertising | 23 | |||
| Insurance | 151 | |||
| Licensing Fees | 390 | |||
| Miscellaneous Expenses | 2,420 | |||
| Banking | 5 | |||
| Postage Delivery | 28 | |||
| Donation | 867 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Professional Fees | 4,872 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Music CDs, DVDs | 6,646 | 393 | 6,253 |