| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,508 | 1,508 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2014-05-31 | 1,578 | 1,578 | S/L | 5.0000 | ||||
| LAPTOP COMPUTER | 2018-04-10 | 1,795 | 987 | S/L | 5.0000 | 359 | |||
| DESKTOP COMPUTER | 2018-06-15 | 1,959 | 1,012 | S/L | 5.0000 | 392 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 5,332 | 4,328 | 1,004 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| EDITORIAL & DISTRIBUTION EXP | 1,574 | 1,574 | ||
| AUTHOR FEES | 9,939 | 99 | ||
| VEHICLE | 1,995 | 1,995 | ||
| READINGS , RECEPTIONS AND PRE | 9,885 | 9,885 | ||
| BANK FEES | 292 | 292 | ||
| TELEPHONE | 1,345 | 1,345 | ||
| OFFICE SUPPLIES AND POSTAGE | 1,307 | 1,307 | ||
| MEAL AND ENTERTAINMENT | 4,645 | 4,645 | ||
| BUSINESS GIFTS | 819 | 819 | ||
| DUES AND SUBSCRIPTIONS | 124 | 124 | ||
| REPAIRS AND MAINTENANCE | 75 | 75 | ||
| INSURANCE | 879 | 879 | ||
| OTHER MISCELLEANOUS | 500 | 500 | ||
| FINANCE CHARGES | 426 | 426 | ||
| LEGAL FEES | 200 | 200 | ||
| NJ ANNUAL REPORT | 118 | 118 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD BALANCE | 4,667 | 9,215 |
| OFFICER LOAN | 6,705 | 6,705 |