| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 300 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Sign | 2015-05-01 | 746 | 606 | SL | 7.0000 | 107 | |||
| Pavilion Laptop | 2020-07-26 | 1,345 | 112 | SL | 5.0000 | 269 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 67,889 | 66,925 | 964 | 964 |
| Improvements | 746 | 713 | 33 | 33 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Unemployment Tax Credit | 163 | 179 | 179 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Service Charges | 315 | |||
| Dues, Fees & Subscriptions | 148 | |||
| Insurance | 2,282 | |||
| Other Office & Administrative Exp | 249 | |||
| Telephone | 2,691 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Management Fees | 72,000 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Excise Tax | 4 | |||
| Payroll Taxes | 5,606 |