| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 26,897 | 27,115 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 227,315 | 191,365 | 35,950 | 227,315 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING EXPENSE | 80 | 80 | ||
| AUTO REGISTRATION | 56 | 56 | ||
| COMMUNITY SUPPORT | 434 | 434 | ||
| CREDIT CARD FEES | 3,035 | 3,035 | ||
| MAINTENANCE | 7,920 | 7,920 | ||
| MEALS | 762 | 762 | ||
| MISCELLANOUS EXPENSE | 400 | 400 | ||
| OFFICE SUPPLIES | 8,081 | 8,081 | ||
| PEST CONTROL | 513 | 513 | ||
| SCHOLARSHIP AWARD | 500 | 500 | ||
| SMALL EQUIPMENT | 3,673 | 3,673 | ||
| UTILITIES | 6,786 | 6,786 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 62,756 | 62,756 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTE PAYABLE VENDING | 3,300 | |
| EIDL SBA LOAN | 20,000 | 20,000 |
| QCBT NOTE PAYABLE | 30,277 | 23,708 |
| CHECKS IN EXCESS | 770 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| MERCHANDISE SALES | 7,017 | 2,300 | 4,717 |
| VENDING MACHINES | 7,067 | 8,122 | -1,055 |