| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2019-12-16 | 3,091 | 962 | M | 7 | 608 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURES | 3,091 | 1,570 | 1,521 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,158 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 2,392 | 0 | 0 | 0 |
| INFORMATION TECHNOLOGY | 348,025 | 0 | 0 | 0 |
| ALL OTHER EXPENSES | 2,074 | 0 | 0 | 0 |
| PAYMENT AFFILIATES | 5,875 | 0 | 0 | 0 |
| COMMUNITY | 52,884 | 0 | 0 | 0 |
| SPONSORSHIP | 12,000 | 0 | 0 | 0 |
| LICENSE | 20 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 32,250 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 1,200 | 4,450 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 20,139 | 0 | 0 | 0 |