| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 6,000 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| 1952 MG | 2018-10-05 | 26,000 | 7,893 | SL | 14.29 % | 2,322 | |||
| 1965 CHEVROLET | 2018-10-05 | 17,000 | 5,161 | SL | 14.29 % | 1,518 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTOMOBILE EXPENSES | 1,979 | |||
| BANK CHARGES | 218 | |||
| COMPUTER & INTERNET | 796 | |||
| INSURANCE | 1,010 | |||
| PAYROLL SERVICE | 1,684 | |||
| POSTAGE | 29 | |||
| REPAIRS AND MAINTENANCE | 1,599 | |||
| TELEPHONE | 415 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL | 932 | |||
| PAYROLL | 3,015 |