| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DISPLAY CABINETS | 2021-08-02 | 4,701 | SL | 5.00 % | 235 | ||||
| REGISTER | 2021-11-01 | 1,036 | SL | 5.00 % | 52 | ||||
| DISPLAY CABINET (CARROLL) | 2021-11-01 | 250 | SL | 5.00 % | 13 | ||||
| OIL DISPLAY (RENWICK) | 2021-11-08 | 700 | SL | 5.00 % | 35 | ||||
| GAST DISPLAY CABINETS | 2021-11-30 | 6,120 | SL | 5.00 % | 306 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Miscellaneous | 12,807 | 641 | 12,166 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COLLECTIBLES & HISTORICAL TREASURES | 30,000 | 93,522 | |
| CONSTRUCTION IN PROGRESS | 42,103 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING & MARKETING | 10,183 | |||
| BANK CHARGES & FEES | 34 | |||
| INSURANCE | 614 | |||
| MEALS & ENTERTAINMENT | 587 | |||
| OFFICE SUPPLIES & SOFTWARE | 4,574 | |||
| OTHER BUSINESS EXPENSES | 1,075 | |||
| REPAIRS & MAINTENANCE | 300 | |||
| SHIPPING, FREIGHT & DELIVERY | 1,400 | |||
| SUPPLIES | 2,115 | |||
| VEHICLE EXPENSES | 1,411 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ADMISSIONS | 37,008 | ||
| STORAGE | 2,817 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| COVID LOAN | 3,000 | 428,500 |
| Rounding | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL | 225 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES | 3,306 | 1,085 | 2,221 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES - EMPLOYER | 1,290 | |||
| TAXES & LICENSES | 1,153 |